$BTC Bitcoin (BTC) has once again crossed the $104,000 mark, trading at approximately $104,012.90 USDT, reflecting a daily increase of 1.02% . This resurgence follows a 4.73% gain on May 9, 2025, indicating sustained bullish momentum .
The cryptocurrency's upward trajectory is bolstered by institutional interest, with spot Bitcoin ETFs in the U.S. experiencing record net inflows . Additionally, legislative developments, such as U.S. states establishing Bitcoin reserves, have contributed to positive market sentiment .
Analysts suggest that if Bitcoin maintains its position above the $100,000 support level, it could test resistance near $107,000, with potential upside targets around $120,000 . However, caution is advised due to signs of weakening momentum indicators and potential short-term volatility .
For real-time updates and detailed charts, platforms like CoinMarketCap and TradingView provide comprehensive insights .
*Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are subject to market risks, including volatility and regulatory c
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