#Bitcoin made a big move today and hit a new high of $104,145 before starting to pull back. Right now, the price is around $102,477 and showing signs of a normal retest. After such a strong rally from $99,090, it’s healthy for the market to cool down a little before deciding the next direction.

The $100,000 level is now a strong support zone. As long as $BTC stays above it, bulls are still in control. This pullback could be a good chance for smart traders to enter again, especially if we see price holding well around $101,000–$100,000.

If the price bounces strong from the current zone, the next breakout can take BTC toward $105,000 and above.

But if $100,000 breaks, we may see a deeper pullback. So keep watching closely.

Trade here on $BTC

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