Is the Bear Phase Ending for #Bitcoin ? Key Levels to Watch Now

Bitcoin ($BTC /USDT) has just bounced back from the critical $102,000 support after falling sharply from its recent high of $107,108. This sharp recovery has sparked hopes of a potential trend reversal—but is it really the end of the bearish phase?

Technically, BTC is attempting to reclaim ground after a multi-hour dump that erased over $5,000 in value. The $102K zone acted as strong demand, triggering a bounce. However, for a true shift in momentum, BTC must break and hold above the $104,500–$105,000 resistance zone, where it previously faced rejection. Without this confirmation, the current move may be just a relief rally or a short-term trap.

Volume remains moderate, suggesting cautious buying. If BTC holds above $102K and reclaims $105K with strong volume, it may open doors toward $107K again. But if $102K breaks, the next major support lies near $100,000, a psychological level that must not fail.

Conclusion: BTC is showing early signs of recovery, but it’s too soon to call it the end of the bearish pressure. Watch price action closely between $102K and $105K—that zone will decide the next big move...

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