<ul><li>Analysts indicate the need for a powerful technical bullish catalyst to drive Bitcoin to a new all-time high.</li><li>There is a growing risk of a short-term correction for Bitcoin without a significant catalyst that can push it above its current peak.</li><li>Critical support levels for Bitcoin include $103,700, $97,100, and $95,600, which could serve as stabilization zones during a potential downward trend.</li><li>Bitfinex analysts characterize Bitcoin's current state as a 'crossroads,' balancing between structural support and diminishing bullish momentum, awaiting external factors for a strong rally.</li></ul>

Why Bitcoin Struggles for a New ATH and What’s Holding It Back

Discover more