$BTC Here’s a short-term outlook for Bitcoin based on current market conditions:

1. Sentiment is bullish:

Bitcoin has broken above the $100,000 mark, which is a major psychological level. This often attracts more investors and institutional interest, especially if macroeconomic data (like inflation and interest rates) stay favorable.

2. Key resistance ahead:

The $105,000–$110,000 zone is a potential resistance area. If BTC breaks through it with strong volume, it could push toward $120,000 or higher. But if it’s rejected there, we could see a pullback toward the $95,000–$97,000 range.

3. Risk factors to watch:

• U.S. economic data (e.g., inflation, Fed interest rate decisions)

• Spot ETF flows and institutional behavior

• Regulatory developments or security issues

Summary:

The medium-term trend remains bullish, but in the short term we might see either a continuation rally or a healthy correction.

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