Bitcoin on a Knife’s Edge: Will it Reach $100,000 or Face Reversal?

Bitcoin is teetering at a crucial juncture as its price approaches the psychologically significant threshold of $96,885. This landmark level represents a pivotal point in the market, with an inability to break through signaling a potential turning point for Bitcoin’s trajectory. Analysts observe a mix of bullish momentum and waning indicators, leading to uncertainty about Bitcoin’s future.