Bitcoin Price Falls to $107,900 – Will it Crash to $90,000?

Despite holding above the $100,000 mark for over a month, Bitcoin’s recent surge has stalled. The cryptocurrency is currently retracing to $107,900 after reaching a near all-time high. Analysts suggest a potential long-term consolidation range between $100,000 and $110,000. While technical indicators show the trend remains bullish with Bitcoin above key moving averages, recent candles exhibit hesitation close to resistance, coupled with declining volume.