Bitcoin shows relatively stable performance at the level of $110,000, maintaining this level after a wave of volatility caused by the weak U.S. jobs report, which raised hopes for a possible interest rate cut.
At the same time, the cryptocurrency faces resistance in the range of $112,000–$115,000, where some analysts believe that surpassing this range could push the price up towards $120,000.
On the other hand, gold is highlighted as it rises to record levels, which may reflect a shift in focus from digital assets to precious metals amid economic uncertainty.
Summary:
– Bitcoin is currently transitioning to a "stability zone" around 110000K dollars.
– Technical indicators hint at strong resistance near 115K dollars.
– Gold is taking center stage, which may affect
Cash flows in the market.