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Here is why Bitcoin price is stuck below $105K

cryptoweekly by cryptoweekly
May 16, 2025
in bitcoin, News
0

Bitcoin price has been stuck below $105,000 over the last week, and data suggests the pattern may continue for a few more days, subject to the emergence of fresh catalysts.

Key takeaways:

Bitcoin price consolidates as resistance at $105,000 prevents a rally to new all-time highs.

Traders are slightly bearish, but historical data suggests a sudden bullish move should not be ruled out.

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