$BTC Bitcoin Stuck Below $99K: Bull Trap or Breakout? ๐Ÿค”

Bitcoin finds itself at a crucial juncture below $99K. The Short-Term Holder (STH) realized price, at $99,412, now acts as strong resistance. BTC trading below this level is a significant hurdle for bulls. ๐Ÿ“‰

Historically, failing to reclaim the STH cost basis often leads to waning momentum as holders face increasing selling pressure. This $99K level is currently resistance, not support. โš ๏ธ

Until BTC decisively reclaims $99K and flips it to solid support, this upward move risks being a 'bull trap' rather than a true breakout. Bulls must show conviction soon. โฑ๏ธ

Will BTC achieve a powerful reclaim or face another sharp rejection? This level is key to defining the next trend. Stay vigilant! ๐Ÿ‘€

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