Bitcoin Faces Headwinds: Market Uncertainty Mounts as Resistance Holds

Recent price fluctuations for Bitcoin have seen the cryptocurrency dip below $120,900, hovering just above $119,651. This decline marks a concerning trend, particularly ahead of the weekend when market sentiment is typically heightened. Analysts suggest that minimal ETF inflows last week and geopolitical tensions involving former President Trump’s stance on reducing Chinese imports are impacting the current volatility.