Bitcoin’s $107K–$118K Wall: Why Bullish News Isn’t Enough to Break Through
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Bitcoin (BTC) climbed toward $110,000 over the weekend but failed to get there, despite a wave of optimistic news ranging from Donald Trump’s proposed $2,000 “tariff dividend” to signs of a U.S. government shutdown deal.
According to new research by XWIN Research Japan, a blend of macro pressures, long-term holder selloffs, and weak sentiment has created a resistance zone between $107,000 and $118,000 that bullish headlines alone can’t break.
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Bitcoin’s $107K–$118K Wall: Why Bullish News Isn’t Enough to Break Through
Share:
Bitcoin (BTC) climbed toward $110,000 over the weekend but failed to get there, despite a wave of optimistic news ranging from Donald Trump’s proposed $2,000 “tariff dividend” to signs of a U.S. government shutdown deal.
According to new research by XWIN Research Japan, a blend of macro pressures, long-term holder selloffs, and weak sentiment has created a resistance zone between $107,000 and $118,000 that bullish headlines alone can’t break.
In This News
Share:
In This News
Share:
Read More
Another Bitcoin Purchase: Strategy Now Holds 641,692 BTC