Bitcoin bulls cautious as price struggles to break all-time high

Bitcoin struggles to break above all-time high of $111,970, with $1.63 billion shorts at risk of liquidation. Market in “delicate equilibrium,” with lack of buying interest. Social media sentiment for Bitcoin surges, but caution advised as similar spikes preceded price drops. Geopolitical tensions easing, market sentiment shifting to neutral-bullish.

Read more at Cointelegraph: Bitcoin bulls “are hesitant or unable to push prices significantly higher without fresh catalysts or clearer macro signals,” Bitfinex analysts say.