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Bitcoin is facing a critical juncture as it struggles to break past a key resistance level near its all-time high. Analyst Jason Pizzino warns that failure to hold above crucial support could weaken BTC’s bullish momentum. The crypto asset’s next moves in May will be pivotal for its future trajectory.
- Bitcoin faces resistance near $105,000, failing to close above this level for four days.
- Key support lies between $91,000-$94,000; breakdown could weaken bullish momentum.
- May's price action will be crucial in determining BTC's next major move.
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