$BTC Rejected at $105K – Another Retest Underway
#Bitcoin spiked to $104,361 but was once again rejected just below the key $105K resistance. This level continues to act as a strong ceiling, with price now pulling back to around $102.8K.
Current Market Snapshot:
• Rejection Zone: $104K–$105K
• Support Level: $100K remains a strong psychological floor
• Volume: Still healthy—bulls are staying active
Outlook:
As long as BTC stays above $100K, the bulls remain in charge. A clean breakout above $105K could spark a rapid move toward new all-time highs in the $108K–$110K+ range.
Risk to Watch:
If $100K fails on the next test, a drop to the $97.5K–$98K area is likely before buyers step back in. Keep an eye on volume for signs of strength or fatigue.
Stay alert—this next move could define the market’s direction.
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