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Bitcoin holds $100k as stablecoin dominance fuels short-term alt rally
Bitcoin closed lower yesterday, failing to reclaim the $103,000 level and settling just above $100,000. The daily RSI and on-balance volume (OBV) dipped on the red close, though Bitcoin did register a slightly higher low, indicating buyers remain interested near support. Daily volume met the 50-day moving average, but the four-hour chart shows mixed signals: minor higher lows suggest potential for a bounce, yet selling pressure persists ahead of the weekend’s typically low-liquidity moves. To reassert bullish control, Bitcoin needs significant buying volume to lift and hold price above $103,000. A lower low today ... (full story)
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