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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
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