$BTC $BTC
$BTC 📈 Reading the Market in a $105K BTC World
Bitcoin at $105,000 isn’t just a price—it's a statement. Here's how to read the market at this level:
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🧠 1. Sentiment Check
We’re likely in the euphoria phase. Retail FOMO is peaking, but so is volatility. This is where narratives explode—and corrections get brutal.
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📊 2. Market Structure
$100K = new support.
$120K–$135K = likely resistance zones.
We're in price discovery—so technicals get fuzzier, sentiment sharper.
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🔗 3. On-Chain Signals
Exchange outflows = bullish accumulation.
LTH profit-taking = caution.
Watch MVRV-Z score & SOPR for signs of a cycle top.
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🏛️ 4. Institutional Activity
Spot BTC ETFs? Massive driver.
Track ETF flows, GBTC spread, and fund rebalancing—institutions are shaping this leg of the cycle.
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🌐 5. Macro Matters
Weak USD (DXY) = BTC tailwind.
Dovish Fed = more risk-on appetite.
Global liquidity rising? That’s bullish.
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🔄 6. Rotation is Coming
After BTC peaks, watch for capital rotation into ETH, then large-cap alts.
BTC Dominance dropping = early signs of altseason.
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⚠️ 7. Risk Radar
Parabolic moves = correction risk.
High funding rates = overheated market.
Regulatory headlines? Wildcards.
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🎯 TL;DR: BTC > $100K is monumental—but don’t chase blindly.
Understand the phase. Respect the cycle. Manage the risk.
