To establish a bullish momentum, prominent crypto analyst with X username Daan Crypto has stated the premier cryptocurrency must decisively close above $106,000 which represents a pivotal price region in the current price structure.
At the time of writing, Bitcoin trades at $103,539 reflecting a loss of 2.60% in the past day. Meanwhile, the asset’s daily trading volume is down by 2.24% indicating a slight fall in selling pressure in the market amidst the current decline.
