Bitcoin Runs Into Resistance Cluster Above $88K. What Next?

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin's (BTC) bullish advance has encountered a resistance zone above $88,000, marked by crucial levels that could make or break the ongoing recovery rally.The resistance cluster's first and perhaps most critical level is the 200-day simple moving average (SMA) at $88,356. The SMA is widely regarded as a key indicator of long-term momentum source: https://www.coindesk.com/markets/2025/04/22/bitcoin-runs-into-resistance-cluster-above-usd88k-what-next