Bitcoin is set for a deeper pullback as BTC hits this final resistance

Bitcoin’s (BTC) explosive rally, which saw the asset hit a record high above $125,000, appears to be losing steam after reaching its final resistance level. As per an outlook by prominent online cryptocurrency analyst TradingShot, Bitcoin’s current state signals a potential short-term correction before the next major breakout. This projection is based on the technical formation where Bitcoin was rejected at the higher highs trendline around $126,000 that has guided price action since July 14.  This same trendline has repeatedly acted as resistance, marking the peaks of previous rallies within Bitcoin’s ongoing three-month consolidation phase source: https://finbold.com/bitcoin-is-set-for-a-deeper-pullback-as-btc-hits-this-final-resistance/