Bitcoin ( $BTC ) is trading at approximately $103,154, reflecting a slight pullback after recently surpassing the $100,000 mark.

$107,000: Identified as a near-term resistance; a breakout above this level could signal further bullish momentum.

$109,000: Represents Bitcoin's historical peak from earlier this year, serving as a significant resistance point. Finance Magnates

$110,000: A psychological barrier; surpassing this could open the path toward higher targets.

Key Support Levels

$100,000: Currently acting as a critical support level; maintaining above this could sustain bullish sentiment.

$92,000-$95,000: A consolidation zone where buying interest has previously emerged during pullbacks.

$89,459: Corresponds to the 0.236 Fibonacci retracement level from the $42,997 low to the $109,396 peak; staying above this supports the long-term bullish structure.

Price Predictions

Short-Term (May 2025):

Analysts forecast Bitcoin could reach between $105,000 and $108,000, contingent on breaking above $110,000.

Mid-Term (June 2025):

Projections suggest a potential rise to approximately $111,545, assuming current momentum continues.

Long-Term (Late 2025):

Some optimistic scenarios envision Bitcoin reaching $150,000 or higher, influenced by institutional adoption and favorable macroeconomic conditions.

While the overall trend remains bullish, caution is advised due to potential profit-taking and macroeconomic uncertainties. Monitoring key support levels and market indicators is essential for assessing the sustainability of the current uptrend. #TradeStories