Key facts
- Katie Stockton, of Fairlead Strategies, believes Bitcoin needs to surpass $93,000 to confirm a new bull market.
- Stockton noted that Bitcoin faces resistance at the $84,000 level.
- Her analysis relies on technical signals to determine market trends.
Katie Stockton, an analyst at Fairlead Strategies, has pinpointed $93,000 as the crucial price level for Bitcoin to signal the confirmation of a new bull market. She indicated that before this level can be reached, Bitcoin must first break through the resistance at $84,000. Stockton's approach involves analyzing technical signals to interpret the cryptocurrency's market direction.