#BTCBackto100K Bitcoin (BTC) has witnessed a significant increase, surpassing the $100,000 threshold for the first time since February 2025.
🔍 Factors influencing the rise:
1- The trade agreement between the United States and the United Kingdom: U.S. President Donald Trump announced a new trade agreement with the UK, boosting confidence in the markets and driving Bitcoin upward.
2- Increased Bitcoin dominance: Bitcoin's dominance in the cryptocurrency market has risen to over 60%, indicating a shift of investors towards Bitcoin as a safe haven.
3- Institutional investment flows: Digital asset funds saw inflows of $5.5 billion over the past three weeks, including $1.8 billion in Bitcoin products.
📊 Future projections:
- Resistance and support levels: Bitcoin faces resistance at the $107,000 level, with expectations of reaching $120,000 if the upward momentum continues. In the event of a correction, support may be found at $92,000 and $85,000 levels.
- Long-term forecasts: Analysts' predictions for Bitcoin's price in 2025 range between $120,000 and $200,000, supported by institutional interest and increased adoption.
Finally, Bitcoin's return to the $100,000 level reflects growing confidence in the digital currency as an investment asset. With positive factors continuing, we may witness further increases!!.