The price of Bitcoin is currently moving sideways, as traders pause after weeks of volatile trading. Analysts say the market is consolidating, with no clear trend in place, even as long-term expectations around a move toward $100,000 remain alive.
On the daily chart, Bitcoin is locked in a range, reflecting uncertainty rather than strong buying or selling pressure. This phase is typical after large moves and often acts as a base before the next major breakout or breakdown.
Resistance Still Blocking Upside
The most important resistance zone lies between…
