Resistance at $106,061 Some traders and analysts believe that Bitcoin is currently facing strong resistance at the $106,061 mark. This level has been tested multiple times in recent weeks, but BTC has been unable to break through and sustain a higher price. This has caused some traders to become bearish and predict a potential decline in BTC's value. Traders are Divided As with any market, there are always divided opinions and conflicting predictions. While some traders are bearish and believe that BTC will decline in value, others remain optimistic about its potential for a rally towards $120,000. This divergence in opinions and predictions is what makes trading and investing in crypto so exciting and unpredictable. Potential for Rally Towards $120,000 Despite the resistance at $106,061, some analysts and traders believe that Bitcoin still has the potential for a rally towards $120,000. This optimism is fueled by several factors, such as the increasin...
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