$BTC đ¨ Bitcoin Hits $105K â Bull Trap or Beginning of the Next Leg? $BTC
Bitcoin bulls are waking up to a powerful breakout, as $BTC soared to $105,525 earlier today. This move comes on the back of global optimism after the U.S. and China announced a 90-day tariff rollback, sending both traditional and crypto markets higher.
At the time of writing, Bitcoin is trading around $103,718, with intraday volatility still high. While momentum favors the upside, experienced traders remain cautious â this could either be the start of a breakout or a classic bull trap.
Key levels to watch are the $102K support and the $106K resistance zone. Traders are advised to avoid emotional entries and instead focus on clear setups, liquidity, and volume strength.
The macro boost from easing trade tensions is undeniable, but in crypto, narratives shift fast. Stay focused and trade with discipline.
