<ul data-eligibleForWebStory="true"><li>Bitcoin failed to hold above $108,000, with the weekly candle showing market indecision.</li><li>Both bullish and bearish attempts canceled each other out last week, leading to a flat candle with wide wicks.</li><li>The inability to sustain above $108K is seen as a crucial level for bullish confirmation by analysts.</li><li>A break and close above $108,000 are necessary for further upside momentum in Bitcoin.</li><li>Currently, the market outlook is considered neutral until a breakout above the key level.</li><li>Traders are responding to mixed news flow, contributing to erratic price movements in Bitcoin.</li><li>Daan advises caution and favors stablecoins with reduced spot positions until a bullish confirmation.</li><li>The current market sentiment suggests hesitation near Bitcoin's previous all-time high, leading to choppy price action.</li><li>The weekly candle's structure indicates market indecision, potentially resulting in a range-bound scenario.</li><li>Bitcoin traders seem to be in a 'wait-and-see' mode until clear momentum forms in either direction.</li></ul>

Bitcoin Stalls Below $108,000 as Weekly Candle Reflects Market Indecision

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