BTC is trading around 99,000 USD, supported by positive U.S. Inflation reports. Experts indicate a potential range of 90,000 to 100,000 USD in the coming weeks, emphasizing that a rejection at 102,000 USD could trigger further challenges for traders.
Despite mixed signals among analysts about bullish and bearish trends, the consensus indicates that BTC needs to flip the 102,000 USD level for a stronger market recovery. Traders are closely monitoring BTC movements as they evaluate market conditions.