Bitcoin Price Analysis: How Likely is for BTC to Break Above $100K This Week?

Description

Bitcoin is struggling to regain momentum, with its price action stagnating around the 100-day moving average. The current market structure suggests a pivotal moment, where a bullish rebound remains a strong possibility. Technical Analysis By Shayan The Daily Chart Bitcoin’s price has been consolidating near the crucial 100-day moving average at $96K, with sellers attempting to push it below this key support. A decisive breakdown could trigger a deeper correction toward the substantial $90K suppo...