Bitcoin is currently in a pivotal stage, consolidating just beneath its historical peak of $112,000, a threshold it has struggled to surpass since late May.
Despite numerous efforts to surge past this level, Bitcoin (BTC) has repeatedly encountered robust demand above significant support areas, indicating that buyers are maintaining a strong grip on the market.
As volatility persists, investors are closely monitoring the cryptocurrency's movements, anticipating potential shifts that could influence its trajectory in the near future.