#BTCBackto100K Bitcoin (BTC) has surged past the $100,000 mark, currently trading at approximately $102,924. This rally is fueled by positive developments such as the U.S.-U.K. trade agreement and progress in U.S.-China trade talks, boosting investor confidence. The approval of spot Bitcoin ETFs and the establishment of a U.S. Strategic Bitcoin Reserve have further legitimized Bitcoin as a mainstream asset. Technical indicators suggest bullish momentum, with potential resistance near $107,000 and a projected upside target around $120,000 if the rally continues. However, if the $100,000 support level fails to hold, prices could retrace to around $92,000. Looking ahead, analysts predict that Bitcoin could reach between $120,000 and $150,000 by mid-2025, driven by institutional adoption and favorable regulatory frameworks. Nonetheless, investors should remain cautious of potential corrections, as the market may experience volatility similar to previous cycles.