Bitcoin Price Under Pressure: Potential $100K Retest Looms

Is the excitement around Bitcoin starting to cool down? Despite recent gains, the flagship cryptocurrency is facing headwinds, suggesting a potential shift in market momentum. While analysts point to signs of fatigue in the price action, they also highlight a crucial long-term bullish signal: the ‘golden cross’. Understanding both these signals is key for navigating the volatile world of cryptocurrencies. 2023 has seen Bitcoin rally on positive investor sentiment and continued adoption, but recent technical indicators suggest the momentum may be weakening.