#BitcoinAnalysis

Bitcoin bulls are once again aiming for the pivotal $100,000 resistance mark, with the cryptocurrency surging to $97,290. This renewed upward momentum follows a turbulent week where Bitcoin dipped near $92,000 before regaining strength. Market sentiment appears strongly bullish, driven by a combination of factors such as increased institutional interest and supportive on-chain metrics. Key…

At the time of writing, Bitcoin’s price sits at $54,119, marking a daily decline of 4.1% and a 7.05% drop over the past week. Following a surge due to positive employment data, Bitcoin saw a sharp correction, leading some analysts to suggest that BTC could dip to the $40,000 mark. Impact of Employment Data on…