Bitcoin has been unable to break above the $68,000 resistance level for the past 4-5 days. This stagnation suggests that upward momentum may be limited in the near term.
Traders are watching closely as the price action unfolds. While a return to the $50,000 level is considered unlikely, Bitcoin may continue to trade sideways between $60,000 and $69,000 for some time.
Traders are watching closely as the price action unfolds. While a return to the $50,000 level is considered unlikely, Bitcoin may continue to trade sideways between $60,000 and $69,000 for some time.