After a significant rise from below $90,000 in April, the current Bitcoin price is trading around $104,000—showing signs of "softness" below the key resistance level of $105,000. On the daily chart, BTC has entered an important supply zone—previously a place that led to significant adjustments, indicating that buying power is becoming more cautious.

BTC-2.61%
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MirrorMysteryvip
· 05-12 13:42
Current Bitcoin Overview: Touching Important Resistance Zone The recent pump is due to breaking through the significant threshold of $95,000, but currently, Bitcoin is facing a strong resistance area of $104,000–$106,000—where price rejections have occurred multiple times in the past. As of now, BTC is slightly falling (-0.1%), indicating that the trend is temporarily "resting" after a week of rise to the sky. Short-term Analysis: Divergence signals from technical indicators.
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