
Bitcoin, ever the tempestuous spirit, has found some fleeting solace at $109,449 after bouncing off the more dismal lows of $106,000. But, as with all things crypto, relief is but a brief reprieve, and the bigger charts reveal a disturbing lack of stability. Alas, Bitcoin struggles beneath the heavy weight of the $114,000 resistance level, which is rather like a stubborn glass ceiling, refusing to yield. Should it manage to break through, there’s a glimmer of hope at $118,000-$120,000. But, as the fates would have it, the current trajectory hints at nothing more than a sideways crawl. How delightful.