Bitcoin Price Struggles to Surpass $108K Mark
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Bitcoin bulls are attempting to reclaim an important level but the bears are so far putting up a serious fight.
Bitcoin’s price has been attempting to break above the $108,000 level on a few occasions throughout the past 48 hours, showcasing the bull’s eagerness to explore higher highs.
However, the sellers have also been defending the mark vigorously and have so far prevented any upside, but will they prevail?
Bitcoin Double Taps $108K
As CryptoPotato reported earlier today, the primary cryptocurrency tapped the important level at $108,000 on multiple separate occasions in the past 24 hours, but fell short each time.
At the time of this writing, the price is trading at around $107,500, and it’s interesting to see if the bulls will be able to break above.
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