<ul><li>Bitcoin experienced a market cool-off after hitting a new all-time high above $111,000, leading to a 4.36% decline in the past week and prices falling below $104,000.</li><li>Crypto analyst Daan Crypto stated that Bitcoin needs to decisively close above $106,000 to regain bullish momentum and avoid a further decline.</li><li>Recent negative market reactions, including US-China trade talks stalling, pushed BTC prices below the consolidation zone of $106,000-$112,000, with potential bearish pressure indicating a price correction to $100,000-$102,000.</li><li>Currently, Bitcoin trades at $103,539 with a 2.60% loss in the past day. The market sentiment hints at a possible rebound if prices retest the $100,000 region.</li></ul>

Bitcoin Must Reclaim $106,000 Resistance To Avoid Further Crash – Analyst

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