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@ tzongocu
2025-05-16 12:01:53
📰 News Alert...
🔖 Title: Why is Bitcoin Price Stuck Below $105,000?
🗓️ Published: 2025-05-16T15:00:00+03:00
📄 Summary: Bitcoin's price has been consolidating in a tight range between $101,500 and $105,000, facing strong resistance at the $105,000 mark. While traders are showing slight bearish sentiment, historical trends suggest a potential bullish breakout could occur. Analysts from Santiment note that increased trader impatience historically leads to price increases. However, the absence of a significant catalyst and large liquidity barriers at the higher price levels could hinder upward movement. Key support zones are identified around $98,000 to $100,000.
🔗 [Read More](https://cointelegraph.com/news/here-is-why-bitcoin-price-is-stuck-below-105-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
🗞️ Source: Cointelegraph by Nancy Lubale
💓 #Bitcoin #CryptoMarket #InvestmentTrends