Bitcoin Holds Firm Above $103K — Calm Before the Next Surge?
Bitcoin is currently trading at $103,000, maintaining strength after its recent breakout above the six-figure threshold. While the market isn’t as euphoric as during the initial $100K crossing, the conviction among long-term holders seems stronger than ever.
This isn’t a spike — it’s a steady climb. Here’s what’s fueling it:
• Institutional accumulation continues quietly behind the scenes.
• Macroeconomic instability is pushing capital toward “digital safe havens.”
• The halving is behind us, and the supply squeeze is becoming real.
Altcoins remain mixed, with many underperforming against BTC. Bitcoin dominance is sitting comfortably above 60%, suggesting investors are rotating into the asset with the strongest narrative in uncertain times.
As markets digest this new level, analysts are asking: is this consolidation… or the launchpad to $120K?