$BTC
๐๐According to BlockBeats, Greeks.Live analyst Adam noted strong bullish sentiment in the community regarding Bitcoin. Traders anticipate Bitcoin surpassing its previous peak, with key resistance seen between **$106,000 and $108,000**. Market participants widely believe that a decisive breakout above the all-time high of **$108,000** could trigger a substantial upward rally.
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### **Explanation*
1.๐ **Bullish Sentiment** โ The crypto community is optimistic about Bitcoinโs price movement, expecting further gains.
2. ๐**Resistance Level ($106Kโ$108K)** โ This price range is seen as a major barrier; if Bitcoin struggles here, it may face selling pressure.
3. ๐**Breakout Potential** โ If Bitcoin closes above **$108,000** (previous ATH), traders expect a strong upward trend, possibly leading to new highs.
4.๐ **Market Psychology** โ Breaking all-time highs often fuels FOMO (fear of missing out), attracting more buyers and accelerating price surges.
This reflects a common trading dynamic where key price levels act as psychological thresholds, influencing market behavior.#CryptoComeback