Bitcoin Prepares For Volatility As Key Moving Averages Converge – Analyst

Description

Bitcoin is holding steady above the $103,000 mark after days of sustained bullish pressure and repeated attempts to break through the $105,000 resistance level. The price is now consolidating in a tight range, building pressure that many analysts believe will result in a decisive move soon. Market sentiment remains cautiously optimistic as bulls continue defending key support levels, while bears look for signs of exhaustion. Top analyst Big Cheds shared a technical analysis noting that the 4-hou...