Bitcoin is grabbing market attention once more as it climbs to an intraday high of $98,481. The bulls are pushing for a significant breakthrough, eyeing the $100,000 level. While the surge is exciting, analysts are warning about potential weaknesses in momentum, suggesting that the rally might face hurdles ahead.
Traders and investors are closely watching the situation as Bitcoin approaches this critical resistance level. The next moves will be crucial in determining whether Bitcoin can sustain this upward trajectory or if there will be a pullback.
As Bitcoin's price teeters just below six figures, the crypto community remains on edge, waiting to see what will unfold.