#BTCBackto100K

Bitcoin Just Smashed Through $101K: Is This the Start of the Next Price Discovery Phase?

The crypto world is officially on fire — Bitcoin has surged past $101,000, breaking psychological barriers and fueling speculation of what’s next.

From whale inflows to bullish macro tailwinds, the momentum is undeniable.

Is this just the beginning?

Will $106K resistance flip?

Could we run to $120K next?

Or are we due for a short-term cooldown?

The community is buzzing — and here's what’s driving the action:

Why Bitcoin’s Rally Is Heating Up:

Whales are stacking: Addresses holding 10–10,000 BTC have accumulated over $7.8B in recent weeks.

ETF inflows are surging: Since mid-April, Bitcoin ETFs have seen over $5B in institutional demand.

Macro tailwinds: A weakening dollar, rising inflation fears, and a red equity market are pushing investors toward BTC.

Policy catalysts: The U.S. just legalized strategic Bitcoin reserves, and global trade optimism (like the US–UK deal) is boosting sentiment.

Key Price Levels To Watch:

$106K: The next critical resistance. A weekly close above $100K could ignite a move to $110K or higher.

$120K? Standard Chartered believes this may be too conservative — some projections go beyond that.

Short-term risk: A healthy correction toward $95K–$100K is possible before the next leg up.

My Prediction:

With whales accumulating and institutions all-in, Bitcoin looks ready to flip $106K and aim for $120K — possibly sooner than most expect.