Resistance Reloaded for Bitcoin: The Path to the $100K Threshold Faces a Strong $96K Hurdle🎯
🔹Bitcoin is trading around the $94.9K level.
BTC’s daily trading volume has surged by 48.39%.
🔹The market has seen $45.62 million in BTC liquidations.
🔹The crypto assets are in an uncertain condition with its unclear price movement. Bitcoin, the largest asset, continues to be in a period of consolidation following multiple recovery attempts. BTC’s price is on the way to reclaim the $100K mark, but facing repeated rejections.
The asset’s price movement has formed a series of lows and highs as it fails to maintain the bullish momentum. In the early hours, BTC hit its peak of $95,598 and later visited the daily low at around $93,498.
