Bitcoin recently found itself at a critical horizontal resistance level while also touching the apex of a wedge formation. This technical indicator raises questions about its next moves. Will Bitcoin surge past $100,000 or struggle and fall back to $92,000? Traders watch these levels closely as they assess the market’s direction. The analysis of these price points is crucial for investors, as breaking through resistance could signify bullish momentum. Conversely, a retreat could indicate a bearish trend, compelling Bitcoin supporters to keep a vigilant eye on price developments.