Why Bitcoin Can’t Break $105K

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Bitcoin price has been stuck below $105,000 over the last week, and data suggests the pattern may continue for a few more days, subject to the emergence of fresh catalysts.

Bitcoin price consolidates as resistance at $105,000 prevents a rally to new all-time highs.

Traders are slightly bearish, but historical data suggests a sudden bullish move should not be ruled out.

Bitcoin price has been consolidating within a roughly $3,500 range over the past seven days as the $105,000 level remains the overhead resistance to break.


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