Cryptocurrency markets are facing a challenging period for bulls, as recent price movement points to continued bearish pressure. Bitcoin is struggling to break through resistance at $112,500, consistently encountering setbacks. This downward trend is impacting other altcoins, fueled by expectations of delayed Federal Reserve rate cuts and heightened investor caution. [Add relevant tags or keywords]** . Analysts are scrutinizing the potential for further price declines, with some suggesting a possible double top pattern in Bitcoin’s chart that could lead to significant sell-offs. An analyst, Washigorira, has pointed towards targets of $99,000, supported by liquidity draws below $98,000, requiring close monitoring.