Bitcoin Price Reaches ‘Critical Junction’: How A Rally To $139,000 Would Play Out

While it does seem that the bulls are holding the primary uptrend while keeping the Bitcoin price above the demand zone of $106,269-$108,715, there is still the possibility of bears taking over from here. Weslad points to the recent rejection from the $117,000 supply zone as proof that sellers are still very much active in the market.

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