Bitcoin is encountering a "historical recovery barrier" due to several factors, including heightened market volatility, mixed institutional and retail sentiment, and external economic pressures.
Despite a fast recovery from a recent dip below $100,000, Bitcoin's price is consolidating around the $104,000 to $105,000 level and facing key resistance points.
This market churn is characterized by a battle between institutional inflows and ongoing selling pressure from some long-term holders and retail investors.
