Bitcoin Faces Short-Term Bearish Signals Amid Resistance

According to PANews, 10x Research has highlighted that Bitcoin is currently hovering within the resistance range of $94,000 to $95,000, with short-term bearish signals intensifying. Despite these indicators, South Korean crypto retail traders may soon shift their focus to an altcoin. Two reversal indicators have turned bearish, and the stochastic oscillator has reached 95%, suggesting potential downside risk in the near term. However, this may represent a brief consolidation phase before Bitcoin potentially surpasses the $100,000 mark.