#CryptoFees101
Bitcoin is still volatile after breaking the downward channel but failed to hold above it 📉📈
However, it has not yet broken the critical resistance at $105,900.
🪙 Despite attempts to rise, the market is facing pressures from:
• 📉 Concerns about a slowdown in the global economy.
• 🟡 Rising gold as an indicator of investors seeking safe havens.
📊 Closest scenarios:
• ✅ Clear break above 105,900 = Rise towards 109,000 then 112,000.
• ❌ Failure to break = Expected correction towards 102,000 and possibly 97,000.
🧠 The market is very cautious right now. Liquidity is relatively weak, and economic factors are pressuring risk appetite.