Bitcoin Price Predictions ($BTC )

Bitcoin opened the week on a rise, mainly driven by Fidelity's purchase of 1,790 Bitcoins worth $188 million. On the daily chart, Bitcoin has maintained its stability above the $102,000 level, while approaching the $106,800 level.

The next psychological resistance is at $110,000, and with trading volumes stabilizing, breaking through this level may require another catalyst. If the price exceeds $101,000, we may see Bitcoin's price drop toward the main support area at $100,000.

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