$BTC

Bitcoin Up, but Facing Critical Challenges

Bitcoin is trading near $103K, maintaining optimism after breaking the psychological barrier of $100K. Now, the focus is on the resistance at $105K, which, if surpassed, could confirm a new phase of appreciation, targeting $110K and beyond. However, the market needs to consolidate $100K as support to avoid sharp drops. If this region is lost, a correction to $95K or even $91.7K becomes likely.

Volume and institutional sentiment are supporting the rise, but indicators like the high RSI suggest caution. If BTC can turn $100K into solid support, the path to new highs becomes clearer. Otherwise, a pullback before the next push is not ruled out. The market awaits the next chapters of this battle between bulls and bears.