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Why is Bitcoin Struggling to Break $110K? – Crypto News
Bitcoin price retreated towards $108,200 on Sunday failing to break the $110k level again. Two crucial factors seem to be restricting the next bull rally, overbought RSI levels and plunging whale volumes. Bitcoin Rally Pauses Below $110,000 as Bulls Retreat Bitcoin price rallied to $109,400 on Sunday before pulling back to $108,000, pausing below the critical $110,000 resistance level. Despite the weekend lull, BTC continues to print higher lows, affirming bullish consolidation after breaking the $106,100 all-time high on May 20. Coingecko data confirms five consecutive daily closes above this threshold, a bullish signal showing that most holders who entered above the prior peak are still unwilling to exit. Bitcoin price action, Sunday, May 25, 2025 | Coingecko At $108,200 at press time, Bitcoin trades in a tight range but remains structurally strong in the mid-term. Low weekend liquidity appears to be hampering Bitcoin’s ongoing rally. Bitcoin price opened Sunday’s… Read More at Coingape.com
The post Why is Bitcoin Struggling to Break $110K? appeared first on CoinGape.
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