Bitcoin has continued to trade within a tight range just below its previous all-time high, showing recent signs of upward movement but falling short of reclaiming its peak price.
The asset recorded a seven-day high of $110,307, but it has since cooled, with current trading levels around $108,311, representing a slight 0.3% drop over the last 24 hours.
While the broader market maintains cautious optimism, several indicators suggest that market participants remain split on where Bitcoin is headed next.
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Despite the price strength seen in recent days, certain signals hint at increasing friction between bullish price action and bearish positioning from traders.
According to a recent analysis by
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