#BitcoinKeyZone Bitcoin is currently facing significant resistance at the level of $101,109, which acts as a barrier to the upward trend. As of now, the price is trading slightly lower at around $99,700, after experiencing a recent decline of 1.11%. If the resistance at $101,109 persists, the price may further decrease to the important psychological level of $90,000. The Relative Strength Index (RSI) shows a level of 60, indicating that bullish momentum is weakening, especially if the price closes below the neutral level of 50, which often signals bearish conditions. Conversely, if Bitcoin can surpass the level of $104,088, the price may start to rise towards the all-time high of $119,510, indicated by Fibonacci extensions from previous price movements.
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