Bitcoin Magazine Bitcoin Price Struggles Below $110,000 as Gold Soars to New Heights
Bitcoin price finds itself in a precarious balance, hovering at $110,000 over the last couple of days after a recent surge to all-time highs and then a drastic pullback.
On the flip side, gold is in a relentless run to new all-time high as more investors run for safe-haven assets.
Bitcoin price dropped to $108,000 over the weekend but rebounded to the $116,000 range early this week. Over the last couple of days, the bitcoin price has been between $110,000 and $112,000.
Bitcoin’s current positioning reflects signs of consolidation and of being undervalued, according to Bitcoin Magazine Pro data. Bitcoin price rebounded from an oversold level on the Advanced NVT Signal for the first time since $75K, indi