On December 16, $Bitcoin Breaks $105,000 and Reaches $106,000 šŸ§

$BTC made a significant move today, rising from $104,000 to $106,000. This is noteworthy as, over the past nine days, Bitcoin struggled to breach the $105,000 mark. Todayā€™s breakthrough suggests renewed upward momentum, signaling a potential recovery in Bitcoinā€™s price action.

Ethereum Falls Short of Its Recent High šŸ¤“

$ETH saw movement today, climbing from $3,900 to $4,000. While Ethereum has managed to reach the $4,000 level over the past nine days, it remains unable to surpass its recent high of $4,087. Today, Ethereum peaked at around $4,027, falling short of breaking past this critical resistance.

Market SentimentšŸ˜Æ

Bitcoin's ability to overcome the $105,000 resistance is a positive sign for traders and investors, potentially paving the way for further upward movement. Meanwhile, Ethereum's struggle to surpass $4,087 indicates lingering resistance in the market, emphasizing the need for stronger buying momentum to break through.šŸ˜Žā˜•