Bitcoin’s Bull Run Hitting Headwinds: Is $108,000 the New Plateau?

After failing to break through the $110,400 mark, Bitcoin (BTC) is currently consolidating around $108,800 as short-term momentum slows. The broader price action has remained in a tight range since hitting its May 21 peak near $111,889, and technical indicators now suggest caution for traders. Despite positive daily trends, lower timeframes reveal some weakness, sparking questions: Why is Bitcoin’s price decreasing today despite an overall strong macro environment?