Bitcoin’s failure to break above $106,000 could be an early sign that a price reversal is beginning.
Bitcoin's 36% rebound from $74,500 runs into resistance at $106,000.
Bid-side liquidity is staking up on the downside near $93,000.
Bitcoin (BTC) price has rebounded by 36% from its April 9, five-month low at $74,500. However, its failure to decisively break above $106,000 has sparked concerns about whether a sharp correction is possible in the coming days.
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