Bitcoin Shows Relative Weakness Against Stocks – Pause Or Warning Sign? 📉
After a weekend of low volatility, Bitcoin is gearing up for a decisive move. The cryptocurrency's price has settled into a narrow range, hovering between $100,000 and $105,000. Historically, this kind of consolidation often leads to major breakouts or steep declines.
Despite the fact that bulls currently have the upper hand, the momentum is precarious. A significant risk exists if Bitcoin breaks below critical levels, potentially signaling a shift in trend.
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Bitcoin Must Close Above $107,000 To Confirm Breakout Or Risk Dropping To $98K
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