Bitcoin’s Precarious Stability: Will Price Hold or Slip?

Bitcoin has experienced a volatile ride recently, swinging between $116,000 and $107,000 before settling into a more stable range. However, the pressure to maintain this position is high, as failure could lead to further downturns. The situation appears more precarious for other cryptocurrencies, many of which are facing declines exceeding 5%, even after reaching an accord with China. ^{[Source: BH NEWS]} Can Bitcoin hold its ground? ^{[source needed – source link to article] [link to additional information from BH NEWS]}