#BTCBackto100K BTCBackto100K

Bitcoin Nears Critical $105K Resistance Amid Market Rally**

Bitcoin has surged past $102,741.21, marking a notable 4.83% gain, with the 24-hour peak reaching $104,145.76. The cryptocurrency now approaches the pivotal $105,000 resistance level—a historically significant zone that previously triggered liquidations of short positions between $92,000 and $94,000 during earlier volatility.

While the current bullish momentum is strong, predicting the exact peak remains uncertain. Traders should closely monitor market dynamics, particularly around the $105K threshold. A rejection or pullback at this level could signal an opportunity to secure long positions and consider short-term bearish strategies if weakness emerges.

Given the rapid ascent, a corrective retracement appears probable. Though bulls dominate the current trend, renewed bearish pressure could materialize. Market participants are advised to remain disciplined: avoid overexposure to greed, lock in profits prudently, and stay alert to shifting sentiment.

The battle between bulls and bears is far from decided—vigilance and adaptability remain key in these volatile conditions.