Bitcoin Briefly Surpasses $106K Before Pullback, Analyst Sees Stable Momentum 📈
Bitcoin resumed its ascent, briefly exceeding $106,000 before resistance led to a slight pullback, currently trading at $104,153. Despite a 1% dip over 24 hours, it remains near record high levels.
According to CryptoQuant analyst Avocado Onchain, Bitcoin's rally isn't overheating. Funding rates on Binance and market buy volume indicate restraint. This cautious optimism suggests a stable rally path.
On-chain trends show gradual market buy volume increase since 2023, implying enduring investor appetite and potential for more gains, as sentiment recovers from past corrections.
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Bitcoin ($BTC) Price Prediction for May 29: Can Bulls Hold $108K As Momentum Stalls?
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Bitcoin Faces Challenges in Sustaining Momentum
Bitcoin closes in on $113K, but is a short-term cooldown coming up next?
BTC Price is Less Than 2% Away for ATH, Is a $110K Possible Today?
BTC Prepares for Breakout as May 21 Nears, Deaton Targets $125K After $109K High
Bitcoin Price Watch: Bulls Hold $105K—But For How Long?
Can Bitcoin Stay Above $100,000? What Does Data Say? Here Are the Details
Bitcoin’s Resilience Amidst Macro Headwinds: Will It Break the $108,000 Barrier?
Bitcoin Stays Above $108K Amid Rising Demand and Supply Constraints, Potentially Eyeing $114K
Bitcoin Poised for Potential Breakout, Eyeing $116,000 Amid Bullish Sentiment and Market Structure Signals
Bitcoin Buyers Show Signs of Exhaustion, Yet Analysts Suggest Possible Rally Toward $150K
Bitcoin Futures Market Dynamics: Can BTC Overcome $110,000 Resistance After US Holiday?
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