#BitcoinKeyZone

#BitcoinKeyZone

Bitcoin is currently facing significant resistance at $101,109, which is a barrier to the upward trend.

As of now, the price is trading slightly lower at around $99,700, after experiencing a recent decline of 1.11%. If the resistance at $101,109 continues, the price may drop further to the important psychological level of $90,000.

The Relative Strength Index (RSI) shows a level of 60, indicating that bullish momentum is weakening, especially if the price closes below the neutral level of 50, a level that often signals bearish conditions. Conversely, if Bitcoin can surpass $104,088, the price could begin to rise to an all-time high of $119,510, as indicated by Fibonacci extensions from previous price movements.