Analyst: Bitcoin recently touched the upper edge of the channel, and around $110,700 has now become a resistance level
2025-09-03 08:00:43
According to a chart published by crypto analyst Ali, Bitcoin (BTC) recently touched the upper edge of the channel, which is located near $110,700 and has now become a resistance level. Multiple upper shadows appear at this level, indicating that the price is blocked and falling back here, which increases the risk of a correction in the price of Bitcoin to $107,200 or even $103,000.
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