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Bitcoin’s ‘Unlucky 13 Problem’ Explained: Here’s Why Every Price Bounce Keeps Failing 💯
Bitcoin trades near $87,820, flat on the day and still down about 4% over the last 30 days. Buyers appear at every Bitcoin price dip, but each bounce has failed to move outside the same narrow range. The chart now shows a clear reason why attempts keep stalling.
The short answer: Bitcoin’s unlucky 13 problem. A key on-chain resistance level sits 13% above the current price, and until it breaks, upside keeps fading before momentum can form.
This makes $99,790 the most important resistance on Bitcoin’s chart, in the near term. It is worth noting that this on-chain resistance level is dynamic and could shift depending on the spot price. Therefore, we would also want a level verification on the technical chart.