
Bitcoin (BTC), the protagonist of our modern-day financial drama, stands at a crossroads, much like a character in a Dostoevsky novel, facing a critical decision. The $111,250 level, a long-standing high time frame resistance, is not just a number; it is a psychological barrier, a line in the sand that has historically served as a ceiling for price action. After a sharp, almost defiant, bullish reaction from the value area high, BTC has made a bold push upward. Yet, without the sustained volume, the risk of rejection looms large. The question remains: will this area be broken with the conviction of a true believer, or will it be rejected once more, sending the market into another cycle of despair and hope? 🤔