$BTC rejected at $105,000 – retesting again

#Bitcoin rose to $104,361 but once again faced resistance below the critical $105,000 area. This area proves to be a tough ceiling, and now the price action has returned around $102,800.

Here's what is shaping up:

Key notes: • Rejection area: $104,000 – $105,000

• Support remains: The psychological level of $100,000 is still strong

• Volume is still good, indicating that the bulls are not giving up

What's next?

As long as BTC holds above $100,000, the bulls are still in control. If the price breaks above $105,000 persistently, we may see a rapid rise towards new all-time highs ($108,000 – $110,000+).

Warning:

If $100,000 fails to hold in the next retest, expect a drop towards the $97,500 – $98,000 area before the bulls regroup. Watch the volume closely for signs of exhaustion or confirmation of a breakout.

Stay cautious – the next move will set the tone for the entire market.

Trading here at $BTC