Bitcoin News Today: Bitcoin Price Consolidates Near $106K: Analysts Call It a ‘Healthy Pause’ Before New Highs

Bitcoin is entering what analysts call a “healthy pause” as it consolidates around $106,000, giving the market time to digest recent gains before potentially pushing to new highs later this year. According to Nick Forster, founder of onchain options protocol Derive, Bitcoin’s current sideways movement isn’t a bearish signal — it’s a stabilizing phase after a massive rally. “The market needs time to digest recent gains and gear up for the next phase,” Forster told Cointelegraph. “This consolidation is a healthy reset, not a breakdown source: https://www.binance.com/en/square/post/24933132293290?utm_source=BinanceNewsRSS