Bitcoin Faces Critical Resistance at $108,900
Bitcoin’s price surged over the weekend, reaching a crucial resistance level. The $108,900 mark is a significant point. It will decide if this is a peak or a launchpad to new highs.
Traders are watching this level closely. If Bitcoin breaks through, it could signal a strong bullish trend. However, if it fails, a correction might follow. The $108,900 zone is a key area. it combines several technical indicators. This makes it a strong resistance.
Investors should stay cautious. The market is unpredictable. Keep an eye on this level. It will give clues about Bitcoin’s next move. For more insights, check out this analysis.
