Bitcoin Consolidates Below All-Time High as Buying Pressure Weakens

Bitcoin is currently facing potential pullback risks, trading around $103K, just below its all-time high of approximately $109K. Key resistance at $105K remains unbroken, leading to concerns about market indecision among traders.

Recent gains were largely influenced by tariff-related tensions, where Bitcoin outperformed equities.
As trade uncertainty eased and traditional markets strengthened, Bitcoin's momentum diminished, showing a divergence from stock trends.
Daan identifies $90K as a critical support level for long-term exposure; a drop below this mark could signal a structural breakdown.
Current selling pressure suggests consolidation may indicate exhaustion, while BTC's price action remains neutral in the short term.
The 4-hour chart indicates a tight range between $105,700 resistance and $100,700 support, hinting at an imminent strong price move.
A breakout above $103,600 with volume could lead to new highs between $105K and $109K.
If support at $100K fails, a decline toward $98K–$96K could occur.

Traders should monitor for decisive movements that will clarify Bitcoin's trend direction for the upcoming period.