$BTC : Bitcoin Tests Resistance Amid Altcoin Surge
Bitcoin (BTC) is currently trading at $103,258, showing a modest 0.47% gain in the past 24 hours. It touched an intraday high of $104,836 and a low of $103,095, indicating a tight trading range as bulls and bears battle for control.
This level is significant, as it nears the psychological barrier of $105,000—where sellers have previously stepped in. Some analysts are even comparing the current structure to the 2021 double-top pattern, hinting at possible resistance ahead. Meanwhile, altcoin like Ethereum and XRP have shown stronger momentum, suggesting capital rotation within the crypto space.
On a macro level, the U.S. Strategic Bitcoin Reserve, introduced in March 2025, continues to support long-term sentiment for BTC. Traders should monitor these developments carefully, as BTC’s next move could define the market’s short-term direction.
