Bitcoin’s Rising Momentum Fades!

The rally to $100K driven by the US elections, is losing momentum. Bitcoin bulls are losing initiative, and even small negative news can trigger sharp corrections. A drop or a breakout above $100K could be swift. 

#Bitcoin

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Thanks for the insight, Oleksii! I’m keeping an eye on regulatory developments and any shifts in institutional investments—they’ve been major drivers recently. Market sentiment around potential ETF approvals could also shake things up. What’s your take on the next big catalyst?

It seems like Bitcoin's momentum is indeed slowing down after the election-driven rally. As you mentioned, Bitcoin's price could be sensitive to even small news, especially during such a volatile period. If the price drops or breaks above $100K, we could see a sharp move in either direction.

Are you watching any specific factors that might influence Bitcoin's next major move, such as regulatory news, market sentiment, or macroeconomic trends?