Bitcoin’s Climb Stalled: Persistent Resistance Tests Bullish Momentum

Bitcoin continues to face challenges as resistance remains firm, hindering its ability to break past a crucial trendline that dates back to 2017 and 2021 highs. This barrier has repeatedly thwarted attempts at sustained growth, suggesting potential for a deeper retracement despite recent bullish sentiment. Market conditions paint a picture of persistent adversity, prompting analysts to scrutinize technical indicators for clues about future movements.