Bitcoin Rally Hits Wall as Price Stalls Below $104K, Analyst Cites Derivatives Pressure

Bitcoin experienced a notable surge earlier this week, climbing above the $104,000 mark and registering a weekly gain of nearly 10%. However, after reaching this level, the asset appears to have encountered resistance, with upward momentum slowing and price action remaining relatively flat in recent days. At the time of writing, BTC is trading at… Continue reading Bitcoin Rally Hits Wall as Price Stalls Below $104K, Analyst Cites Derivatives Pressure

Bitcoin’s Struggle Below $100K: Could These Market Signals Trigger the Next Rally?

Bitcoin’s recent performance has left the market in a state of uncertainty. Trading below the $100,000 mark for days now, the cryptocurrency seems to be grappling with a lack of upward momentum. Market participants seem to be questioning the forces holding back a more pronounced rally. Amid this challenging backdrop, some on-chain metrics and market… Continue reading Bitcoin’s Struggle Below $100K: Could These Market Signals Trigger the Next Rally?