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Bitcoin Price Prediction as Realized Cap Hits New High Points $110K
['Tatevik Avetisyan', 'Min Read', 'January']
Coinpaper
Instead, the market absorbed the selling, and price levels held.
Bitcoin Trades Below Yearly High as Chart Points to $110,000 LevelBitcoin continued to trade below key resistance levels as market participants focused on a potential breakout toward $110,000.
After rebounding from that zone, Bitcoin moved higher toward the yearly high around $97,900 but failed to secure a sustained close above it.
Technical levels marked on the chart show that a weekly close above the $98,000 area would place Bitcoin back above the yearly high.
Until Bitcoin secures a decisive close above the yearly high, the structure reflects recovery attempts rather than confirmed continuation.