Bitcoin Near $104K Faces Possible Double-Top Pattern Amid Consolidation and Momentum Concerns

Bitcoin Near $104K Faces Possible Double-Top Pattern Amid Consolidation and Momentum Concerns

The post Bitcoin Near $104K Faces Possible Double-Top Pattern Amid Consolidation and Momentum Concerns appeared on BitcoinEthereumNews.com. Bitcoin struggles to surpass the $110,000 resistance, signaling potential consolidation amid growing concerns over a bearish double-top pattern. Market analysts from Swissblock highlight diminishing momentum and emphasize the critical role of strong fundamentals and fresh capital inflows to sustain any upwar…

Bitcoin Stalls Below $110K as Double-Top Threat Grows

Analytics firm Swissblock says the asset is losing momentum and may be entering a broad consolidation phase between $100,000 and its recent all-time high near $112,000. The firm notes that while price remains elevated, signs of exhaustion are building. “Consolidation may last,” Swissblock stated, adding, “but one thing’s clear: No breakout without strong fundamentals.” Bearish Pattern May Be Forming Swissblock also raised concern over the possib…

Analytics Platform Warns Bitcoin Is ‘Stalling’ Below Major Resistance Level, Says Breakout Won’t Happen Until This Happens – The Daily Hodl – MAXBIT

Analytics platform Swissblock is outlining the path forward for Bitcoin (BTC) amid stiff resistance at a level just below the all-time high. According to Swissblock, Bitcoin is “stalling below $110,000” and the upward trend is now under pressure as a broad trading range appears to form between the resistance level and a price of $100,000....

Analytics Platform Warns Bitcoin Is ‘Stalling’ Below Major Resistance Level, Says Breakout Won’t Happen Until This Happens - The Daily Hodl

Analytics platform Swissblock is outlining the path forward for Bitcoin (BTC) amid stiff resistance at a level just below the all-time high. According to Swissblock, Bitcoin is “stalling below $110,000” and the upward trend is now under pressure as a broad trading range appears to form between the resistance level and a price of $100,000. “Consolidation may last, but one thing’s clear: No breakout without strong fundamentals.” Source: Swissblock…

Analytics Platform Warns Bitcoin Is ‘Stalling’ Below Major Resistance Level, Says Breakout Won’t Happen Until This Happens

Analytics platform Swissblock is outlining the path forward for Bitcoin (BTC) amid stiff resistance at a level just below the all-time high. According to Swissblock, Bitcoin is “stalling below $110,000” and the upward trend is now under pressure as a broad trading range appears to form between the resistance level and a price of $100,000.... The post Analytics Platform Warns Bitcoin Is ‘Stalling’ Below Major Resistance Level, Says Breakout Won’t…