CryptoQuant sees BTC facing resistance, with sideways trading or a pullback likely

Bitcoin is not losing momentum but running into resistance, with technical indicators, valuation metrics, and on-chain data all pointing to overlapping resistance levels just above the current price, according to a CryptoQuant analysis. Until BTC breaks through those resistance levels, sideways trading or a correction is more likely than a resumption of the uptrend, the analysis said.