Bitcoin is facing potential weeks of sideways trading following a warning about the key resistance level of $102,000. Analysis from trading resource Stockmoney Lizards suggests that while Bitcoin recently tapped the $100,000 mark, it may face rejection at the higher resistance zone just above that level. According to their insights, the real support lies between $91,000 and $92,000, with $102,000 being particularly difficult to overcome. Currently, Bitcoin's price is hovering around $99,000, but experts indicated that a genuine bull market recovery in January is unlikely. Other traders echoed concerns regarding the $102,000 threshold, suggesting it must be flipped into support to avoid a bearish pattern. Despite some more optimistic perspectives on invalidated bearish patterns, the general sentiment leans towards continued rangebound trading between $90,000 and $100,000 in the coming weeks. Traders are advised to conduct their own research as they navigate through these potential market movements.

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