Bitcoin ($BTC ) is currently trading around $103,800, showing some volatility but maintaining a bullish sentiment overall. Resistance is noted around $105,000, and a break above this level could pave the way towards the all-time high near $109,000.
Short-term pullbacks to the $100,000 support level are possible but are viewed as potential buying opportunities by some analysts. Positive market sentiment, influenced by recent ETF inflows and institutional buying, continues to support the price. Keep an eye on trading volumes and any significant market events that could impact price action. Technical indicators suggest a generally positive outlook for the week, but caution is advised due to inherent crypto market volatility.