$BTC oscillates around $105,150 after a correction from the recent top of $111,880. The market consolidates between $104k–$106k, with declining volumes and contained volatility. The sentiment remains mixed: positive institutional flows (purchases from MicroStrategy), but also profit-taking and macro uncertainty (U.S. tariffs, politics).
Key levels:
– Support: $100k–$95k
– Resistance: $112k historical
– Neutral RSI, no excess
Outlook:
As long as BTC holds above $105k, the short-term target remains $120k. Below $100k, more defensive scenarios open up. Institutional interest remains strong, but momentum needs to be rebuilt.