Bitcoin at a Critical Juncture: Dip Ahead or Further Gains?
Bitcoin is currently testing a key resistance level near its all-time high, with the previous peak sitting just below $106,000 at $105,850. The big question now is:Will Bitcoin pull back even briefly or continue its upward surge?
The Bullish Outlook: Higher Prices Ahead
Bitcoin is expected to push higher with minimal retracement. Having firmly held above $100,000 since May 8th, the market shows no significant bearish pressure or momentum. The bears lack strength, and any selling pressure is quickly absorbed by eager buyers.
Those selling now risk losing their positions and missing out on Bitcoin’s next major leg up. While some consolidation is normal after testing strong resistance (around $105K), a breakout will likely trigger another wave of growth.
Key Takeaways:
✅ Bitcoin remains bullish the market structure favors further upside.
✅ Retracements are buying opportunities hold strong or accumulate more.
✅ The next major move is up whether it happens in hours or days, the trend remains clear.
When Bitcoin gains momentum, it doesn’t look back. Stay confident, hold your position, and consider adding altcoins to your portfolio for additional upside potential. **The rally is far from over!🚀
