Bitcoin price has been consolidating within a tightening $103,500- $106,800 range since May 30. According to technical and liquidity data, Bitcoin’s consolidation may continue for a few more days unless key levels are broken. According to one popular crypto analyst, Bitcoin may continue consolidating in its current range for a bit longer, particularly if the resistance at $107,000 is not broken. “This is why this level is so vital for Bitcoin,” said MN Capital founder Michael van de Poppe in a June 4 post on X. He referred to the resistance above $107,000, which capped Bitcoin’s latest recovery. According to van de ... (full story)