Bitcoin has shown some positive price movement recently, managing to rise above its 21-day moving average. However, the cryptocurrency is still facing resistance that could threaten its potential rise to the $100,000 mark. This article highlights six red flags that could signal a market correction for Bitcoin, putting its ambitious price target at risk.
Despite these concerns, Bitcoin's price has experienced a more than three percent increase, offering some optimism. Yet, caution is advised as the cryptocurrency's fluctuation and resistance levels remain considerable hurdles.
