Why is BTC struggling to rise and is stagnating?
In fact, the reason is simple: Technically, when we look at the daily time frame, we can notice that BTC needs to retrace to the area of 90.000$ in order to gain more momentum.
Thus, BTC is stagnating in the range of 105.000$ to 112.000$ , creating a resistance that BTC is struggling to overcome.
If BTC cannot break through this resistance, prepare for a sharp or gradual retracement towards the area of 90.000$