Bitcoin At $92,000 Ethereum, XRP, Dogecoin Continue Recovery

Benzinga

Bitcoin climbed back above $92,000 as Congress pushed the SEC to allow crypto in 401(k) plans, even as BTC and ETH ETFs saw outflows. Analysts say Bitcoin’s structure is volatile but forming higher lows, with key levels at $96,000 on the upside and $86,000 on the downside, while Ethereum and Solana hold critical support zones.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:03Bitcoin reclaimed the $92,000 level as Congress pressed the SEC to approve allowing Bitcoin and

00:08other cryptocurrencies in 401k retirement plans, according to Benzinga. Bitcoin ETFs recorded

00:15$77.3 million in net outflows on Thursday, while Ethereum ETFs saw $42.4 million in outflows.

00:24Analyst Michael Van de Popp said Bitcoin remains highly volatile due to thin liquidity,

00:28but noted higher lows are forming, suggesting an emerging uptrend as selling pressure eases.

00:34Ted Pillows pointed to a bear flag on Bitcoin's chart, saying a 12-hour close above $96,000

00:40would invalidate the setup, while a drop below $86,000 could trigger a deeper breakdown.

00:46For Ethereum, Pillows said a daily close above $3,400 could open a move toward $3,700 to $3,800,

00:55while failure risks a pullback toward $3,000. Dagan Hardy said Solana is holding its support

01:02zone, keeping upside potential intact as the meme coin market slipped 1.3% to $46.3 billion.

01:09For all things money, visit Benzinga.com.

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