Bitcoin Approaches $140K Resistance: Is a Pullback Inevitable?

Bitcoin is currently trading near $104,000, poised to potentially surge towards the $140K mark before experiencing a 33% correction. This prediction aligns with Fibonacci extensions as analysts anticipate an initial rally of up to 20% before a subsequent pullback. EGRAG CRYPTO highlights a significant CME gap between $91,970 and $92,520 that remains unfilled. While this could trigger a surge towards $130K-$140K, the analyst warns against prematurely declaring Bitcoin’s peak.