Bitcoin attempted to surpass $107,000 but fell short, with forecasts suggesting a drop below $100,000. Bulls face challenges reaching all-time highs. A CME futures gap remains below the spot price, with key support at $104,000. Traders warn of ongoing selling pressure from long-term holders above $100,000. Market conditions must align for a sustained rally.

Read more at CoinTelegraph: Bitcoin Bulls Halted by $107,000 in New BTC Price Battle