Bitcoin Faces Test at $103K After Failed $110K Breakout

Bitcoin Faces Test at $103K After Failed $110K Breakout

The $103K fair value gap zone remains untouched and may offer a solid base for a bullish recovery move. A failed breakout near $110K has placed pressure back on the key support range around $103K to $105K. The golden cross just above $94K combined with high interest at $102K may shape Bitcoin's next rally. Bitcoin’s daily chart shows another failed breakout near $110K with price reversing sharply after touching resistance. Price action now rests…

Bitcoin Faces Pivotal Test at $110K After Peaking at $111.9K: Rally Pause or Start of a Pullback?

This week saw Bitcoin’s stunning surge carry on, with the cryptocurrency for a moment nudging up to—and almost touching—$111,900 on several of the major exchanges before, uh, it kind of didn’t and came back down to earth, looking somewhat dazed and triggering what some are calling a fresh sell signal. Overall, the digital asset still seems to be in a bullish uptrend, but there are now some signs that it’s getting tired. Traders are closely watch…