$BTC Experts warn that $104,000 - $106,000 is a strong resistance zone, making the possibility of Bitcoin accumulating in the short term quite high. The important support level is around $98,000. Bitcoin has rebounded to nearly $104,000, even nearly breaking through $105,000, supported by a series of positive factors including new inflation data, optimistic prospects for trade between the US and its partners, as well as information that Coinbase shares will join the S&P 500 index. Although Bitcoin is less than 5% away from returning to its January peak, Bitfinex experts believe that speculation has not yet emerged clearly, although funding interest rates and trading volumes remain stable. Looking further ahead, Bitfinex maintains a positive view on Bitcoin’s medium- to long-term outlook, setting a price target of $150,000 to $180,000 for 2025 to 2026. “The long-term outlook for Bitcoin is brighter than ever. With supportive signals from governments and institutions, an expanding global ETF network, and hopes for positive policy changes, Bitcoin is poised to become a global macro reserve asset,” the report concluded.