$BTC

Bitcoin Soars Past $101K — What's Fueling the Surge?

Bitcoin has just surged beyond $101,000, marking its highest level since early February 2025.

This rally is being fueled by substantial institutional inflows, with spot Bitcoin ETFs attracting over $5.3 billion in just three weeks.

Positive developments, such as a preliminary U.S.-U.K. trade deal, have further boosted investor confidence.

On Binance, the BTC/USDT pair leads the USD-M perpetual futures market in trading volume, indicating strong investor activity.

Analysts are closely eyeing key resistance levels between $104K and $106K.

A successful breach could pave the way toward the $120K mark.

What's your take? Will Bitcoin flip the $106K resistance? Is a run to $120K on the horizon? Or are we due for a short-term cooldown?