Bitcoin Facing Resistance at $44K as 'Kimchi Premium' Fuels Overheated Korean Market
• Korean 'Kimchi Premium' on Bitcoin is emerging, which previously signaled price tops • Current premium shows overheated Korean Bitcoin market similar to 2021 peak • Bitcoin has tested resistance at $44K multiple times this month but failed to break through • Price momentum and overheated Korea market suggest a correction may be coming • Bitcoin rangebound last week while altcoins like Solana lead markets higher