Bitcoin is struggling below major resistance around ~$106,000-$108,000, and a failure to reclaim this zone combined with a breakdown below the psychological support at ~$100,000 could open the door to deeper losses.
Finance Magnates +3 DailyForex +3 Likerebateforex +3 On the flip side, if BTC breaks decisively above that resistance with strong volume, the weekly/monthly trend remains fundamentally bullish, suggesting that this is more likely a consolidation phase rather than the end of the rally.