Bitcoin Price Clears the Ceiling—Is $100K the Next Test?
Bitcoin price started a fresh increase above $95,500. BTC is trading above $96,000 and might soon aim for a move to $100k in the near term.
Bitcoin’s price has fallen more than 22% from its all-time high of over $109,000, recorded on January 20, the day of US President Donald Trump’s inauguration. The sharp decline has sparked concerns among investors, with several key technical indicators signaling bearish momentum.The downturn comes as new liquidity inflows slow, which has prompted speculation that the latest bull cycle may be coming to an end.
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