Bitcoin Price: BTC Stalls at $105K In The Middle Of Bullish $157K Target
Bitcoin trading volume surged over 45%, indicating renewed market participation. Key liquidity zones form at $110K resistance and $103K support, suggesting volatility. Fibonacci target at $157K marks the next significant advantage level for the current bull cycle. $92K remains an essential support to sustain Bitcoin’s longer-term uptrend structure. Bitcoin remains in a consolidation stage as traders monitor critical price levels for a potential breakout or breakdown.
BTC Price Analysis: Bitcoin price has shown relative stability over the past 24 hours, fluctuating between $103,977 and $106,443. The analyst referenced their late 2022 prediction targeting the 1.272 Fibonacci level at $95,000, which BTC successfully reached in late 2024.
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