Bitcoin Price Hovers Above $103,000 as Values of Most Altcoins Rise

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Bitcoin’s price experienced a slight increase over the past 24 hours, climbing 1.02% on international exchanges to reach $103,740. This marks the third consecutive day the cryptocurrency has maintained a stable value above $103,000.

Indian exchanges mirrored this trend, with Bitcoin rising by under 3% to trade at $102,712. While the market shows signs of stability, analysts predict potential resistance at the $106,000 mark. This suggests strong selling pressure may emerge at that level, potentially halting further price increases and even triggering a downturn. The coming days will be crucial in determining Bitcoin’s ability to overcome this hurdle and continue its upward trajectory.

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