Bitcoin Sees Modest Gains, But Demand Weakness Limits Breakout Potential

Bitcoin has resumed a slow climb upward after a recent period of consolidation, briefly breaking back above the $106,000 mark earlier today. At the time of writing, the cryptocurrency is trading at $105,383, reflecting a 0. 8% increase over the past 24 hours. While this upward move has not sparked a major breakout, analysts are paying close attention to on-chain and market structure indicators that suggest a cautiously balanced environment source: https://www.newsbtc.com/bitcoin-news/bitcoin-sees-modest-gains-but-demand-weakness-limits-breakout-potential/