Bitcoin ($BTC) Eyes $105K – But This Resistance Zone Stands Tall
Bitcoin is once again the center of attention after bouncing from the $98K support and currently testing the $101K region. The major resistance level to watch now is $105,000, a zone where price was rejected multiple times in Q1 2025. If $BTC breaks and closes above that level on the daily chart, we could see a strong move toward $110K and beyond, especially with ETF inflows strengthening.
From a technical perspective, the RSI is neutral, and volume is picking up, suggesting momentum is returning. However, caution is warranted. A failure at $105K could mean a pullback to $98K or even $95K. This is a trader’s market—patience will pay.
Key Levels to Watch:
• Resistance: $105,000
• Support: $98,000 and $95,000
• Target if breakout succeeds: $110,000+
Is this a breakout or a bull trap? Share your thoughts—bullish or bearish?
