Bitcoin’s Upward Trend Hits a Temporary Hurdle: Key Levels and Expert Analysis

MakroVision, a cryptocurrency analysis firm, has released an in-depth technical report on Bitcoin. The report highlights that despite its continued upward trend, Bitcoin’s rally has hit a temporary plateau. Bitcoin recently broke through the $102,000 resistance, surpassing the first extension target at $107,365. This movement puts it firmly in a liquidity zone around $112,500 as per MakroVision’s analysis. The report notes that this positive trend is displaying healthy structure and a controlled momentum.