Bitcoin’s Ascent Meets Formidable Resistance Near $100,000

Bitcoin CRYPTO000BTC

Bitcoin has entered the new year with considerable momentum, fueled primarily by a resurgence in ETF inflows. However, this upward drive has encountered a significant barrier just below the $100,000 threshold. While U.S. equities and precious metals have recently shown weakness, the leading cryptocurrency has demonstrated relative resilience. The critical question for the market is whether the confluence of robust ETF demand, stabilizing on-chain metrics, and improved mining profitability can generate sufficient force for the next leg upward.