#BitcoinKeyZone

Bitcoin is currently facing significant resistance at the $101,109 level, which has presented a barrier to upward movement. As of now, it is trading slightly down at around $99,700, after experiencing a decline of 1.11% recently. Should the resistance at $101,109 persist, it may lead to a further drop towards the key psychological level of $90,000. The Relative Strength Index (RSI) indicates a reading of 60, suggesting a weakening bullish momentum, especially if it closes below the neutral level of 50, which typically signals bearish conditions. Conversely, if Bitcoin can break above $104,088, it might begin a rally towards the all-time high of $119,510, informed by Fibonacci extensions from earlier price movements .