Bitcoin price is continuing to trade below a major resistance zone, showing signs of hesitation as markets wait for a clearer direction. On the daily chart, Bitcoin has repeatedly failed to move above the resistance range between $92,800 and $101,200, a level that has capped prices since late November.
Bitcoin Faces Strong Resistance
Over the past several weeks, Bitcoin has made multiple attempts to push higher but has been rejected each time near this resistance area. These repeated pullbacks show sellers remain active, making it difficult for the price to break out in the short term.
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