Bitcoin Remains Resilient Above Key Bull Market Support, Analyst Advises Caution After Over 900 Days of Gains

Bitcoin Remains Resilient Above Key Bull Market Support, Analyst Advises Caution After Over 900 Days of Gains

Bitcoin is maintaining its position above the $105,000 mark following a week characterized by significant volatility and uncertainty, during which the price momentarily fell to $100,000. Currently, with a 6% increase from last week's low, BTC seems ready to make another effort to surpass the critical resistance zone of $110,000 to $112,000.

This resistance level has previously hindered upward momentum, indicating that a breakthrough could signal a new rally for the cryptocurrency. Investors are closely monitoring market trends as BTC seeks to establish stronger support and gain traction for further growth.

Read Original Article