Bitcoin is struggling to maintain upward momentum, as it’s 13.5% below its 110,000 USD target. The market’s mixed signals contribute to uncertainty, challenging BTC’s potential for significant upward Movement.
Investor accumulation has slowed over the last nine days, showing skepticism regarding BTC’s short-term prospects. This pause highlights broader market uncertainty, as participants await definitive signals before further commitment.
Failure to hold current support may lead BTC’s price to fall to 95,668 USD or even 89,800 USD. Such a drop would challenge bullish views and increase pressure on BTC, potentially resulting in additional declines.