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Bitcoin still cannot close a daily candle above $106k after 8 failed attempts in 2025 – TON BOT

Bitcoin still cannot close a daily candle above $106k after 8 failed attempts in 2025

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Bitcoin briefly rose to $106,300 before being pushed back under $106,000, a level that has capped every advance in 2025. The latest test came after Moody’s cut the US sovereign rating to Aa1, sparking a brief bid for Bitcoin. Market sentiment remains mixed, with analysts cautioning about correlation with the Nasdaq. JPMorgan’s decision to allow wealth clients to buy Bitcoin directly added to institutional demand. The next 48 hours of macro news will determine if Bitcoin can break through the $106,000 barrier.

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