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by: xpoolPosted on: June 7, 2025

Bitcoin Hits $104K, Faces Resistance Near $98K

Bitcoin surged past $104,000 after a sharp price rebound, encountering resistance near the $105,000 level. The cryptocurrency’s current trajectory suggests potential for either a breakout or a double bottom formation. Technical indicators suggest sustained buying interest but not enough to signal a clear breakout. 2020’s similar pre-pump correction pattern may offer clues regarding Bitcoin’s next move.

Related posts:

  1. Bitcoin Breaks $105,000 Barrier, Poised for Potential All-Time High
  2. Bitcoin Holds Above $100K Amidst Market Uncertainty
  3. CoinFlip Explores $1 Billion Sale Amidst Bitcoin Surge: Market Interest Fuels Potential Acquisition
  4. Bitcoin Price Surge Could Trigger $15 Billion in Liquidations
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