Bitcoin BTC/USD is hovering near a major resistance level around $95,000. Analysts expect the upcoming Core PCE inflation report on Wednesday to be a potential catalyst that could push the apex crypto to new all-time highs.

What Happened: In a podcast on April 29, technical analyst Kevin highlighted a technical confluence near the $94,410–$95,581 range, where Bitcoin has temporarily paused after a 30% surge from recent lows.

“We’re at the golden pocket, a major volume node, and the point of control,” Kevin said, emphasizing the significance of the current level.

A close above the bull market support band, made up of the 20-week simple moving average and 21-week exponential moving…

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