Bitcoin Faces Resistance: Will Breakout Mark Significant Change in Crypto Market?

Bitcoin recently tested a key resistance level, triggering both anticipation and uncertainty within the market. Despite a strong bullish sentiment fueled by positive U.S. stock futures, Bitcoin has yet to decisively break through this barrier. While short-term investors are likely observing this pullback for potential selling opportunities, longer-term trends remain intriguing. Andre Dragosch’s recent study with Bitwise explores Bitcoin’s relationship with macroeconomics and potentially suggests a positive shift in the year ahead. Key figures like Rekt Capital have also been closely monitoring Bitcoin’s movement as they observe renewed buying pressure following this recent dip below $100,000.