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#BTC #ETH #PREDACTION #BTC NEXT?
Bitcoin’s Bullish Momentum Faces Key Test at $108K: What’s Next for BTC Price?
👉Bitcoin has been on a bullish run, recently surpassing $105,000, but the cryptocurrency is now encountering significant challenges as it nears its previous all-time high of $108,000.
👉Bitcoin’s Path to $108K: What’s Holding It Back?
For Bitcoin to decisively breach the $108K level, analysts agree that funding rates must rise, signaling stronger market conviction.
Without this increase in long positions, the resistance at $108,000 could hold, resulting in a period of consolidation or even a price rejection.
On the flip side, long-term Bitcoin holders, those who have kept their BTC for seven years or more, are showing no signs of selling.
This behavior is often seen as a sign of confidence in Bitcoin’s long-term potential, as these holders have typically remained steadfast through previous market cycles.
★The Bottom Line: Will Bitcoin Break $108K?
As Bitcoin inches closer to its all-time high, it remains to be seen whether the bulls can overcome the bearish signals and sustain their momentum. Analysts are watching for a rise in funding rates and market optimism, as these factors will likely determine Bitcoin's ability to breach the $108K resistance level.#Which Sectors Are You Watching in 2025?