Bearish correction still possible

Bitcoin managed to surpass its all-time high and created a newer one (109k), but it is failing to stabilise above it and continue a bull run. A potential drop may be possible if the crypto fails to settle above the current all-time high.

Price action is currently manoeuvring between 109k and 99k, and a break of either barrier may determine were the crypto might go, in the coming days or weeks