#BTCBackto100K

Bitcoin surpassing the $101,000 barrier marks a pivotal moment and indicates that we are entering a new phase in the market cycle. This rise is driven by several factors, including liquidity flows from whales, increased institutional interest, and an improvement in global economic indicators, which enhances the upward momentum. We may witness an attempt to break through the resistance level at $106,000, and if confirmed as support, we could see a rapid extension towards $120,000. However, on the flip side, a short-term correction to take profits cannot be ruled out, especially with the fear and greed index rising to high levels. It is important for investors to realize that the price is in a process of new discovery, which means greater volatility and higher opportunities, but it is fraught with risks. Personally, I see the market as still bullish in the medium term, but caution is necessary as violent corrections are possible at any moment. The best approach now is to monitor the market closely and rely on technical and fundamental analysis to make informed decisions.