Bitcoin (BTC) is going through a decisive moment. After falling to the $100,000 range and recovering to $105,000, the market is questioning: is this recovery real or a bull trap? Factors such as global recession, doubts about U.S. strategic reserves, and speculation surrounding custody practices (like re-hypothecation) are directly influencing the price. Despite the continuous entry of institutional investors, such as Strategy and Fidelity, macroeconomic pressure and the fear of new dumps are hindering the advance to $110K. Stay alert to the $100K support. This range may define the next cycle of $BTC .