$BTC Rejected at $105K – Retesting Again
#Bitcoin surged to $104,361 but once again hit resistance just below the critical $105K zone. This area is proving to be a tough ceiling, and now price action is back around $102.8K.
Here’s what’s shaping up:
Key Observations: • Rejection Zone: $104K–$105K
• Support Holding: $100K psychological level remains strong
• Volume remains decent, showing bulls aren’t giving up
What’s Next?
As long as BTC holds above $100K, bulls are still in control. If price breaks above $105K with conviction, we could see a quick rally toward new all-time highs ($108K–$110K+).
Caution:
If $100K fails to hold on the next retest, expect a dip toward $97.5K–$98K zone before bulls regroup. Watch volume closely for signs of exhaustion or breakout confirmation.
Stay sharp—next move will set the tone for the entire market.
Trade here on $BTC