It’s completely normal for such a pause to occur after a staggering $20,000 price surge in just a week, shattering previous lifetime peaks. Such pauses typically recharge bulls’ engines for the next leg higher and traders in the options market are positioning for a breakout to $110,000-$120,000, according to data shared by QCP Capital.
Bitcoin (BTC) Price Rally Hits a Wall at $90K Resistance While FX Traders Back the Dollar Index (DXY) Bull Run
