Bitcoin’s Struggle to Break Through Resistance

Bitcoin faces persistent challenges as it battles to overcome a significant resistance trendline, a barrier reminiscent of past price peaks in 2017 and 2021. This sustained resistance has hindered bullish progress, sparking concerns about potential retracements. While Bitcoin seeks to break through this threshold, the current market conditions cast doubt on its long-term upward momentum, prompting experts to rely on technical indicators for insights into future movements.