Bitcoin Bulls Push Higher — But Resistance Looms
Bitcoin is trading at 103160.8, just 5% below its all-time high, with bulls eyeing a breakout above the key $105K level. A move past this resistance could trigger a fresh rally and price discovery.
However, strong selling pressure and recent price stagnation suggest possible fatigue. Analyst Daan notes Bitcoin outpaced stocks after recent macro tensions but has since stalled. He marks $90K as the critical support—falling below would signal structural weakness.
While still cautiously bullish, Daan warns a pullback in overheated equities could drag Bitcoin lower. The coming days may decide whether #Bitcoin breaks higher or retreats from resistance.
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