Bitcoin Faces Critical Support Challenge Amid Declining Bullish Momentum

Bitcoin Faces Critical Support Challenge Amid Declining Bullish Momentum

The Bitcoin price has exhibited a trend of uncertainty and fatigue in recent days, characterized by predominantly sideways trading and a few brief surges above the $105,000 mark that ultimately failed to hold. This stagnation in momentum occurs against the backdrop of the cryptocurrency market's struggle to navigate the repercussions of the ongoing turmoil in the Middle East.

The current volatility reflects wider market concerns as investors remain cautious amid geopolitical tensions. As the situation develops, traders are closely monitoring Bitcoin's performance for potential signals of recovery or further decline.

Read Original Article