$BTC Today, the king of cryptos remains in a crucial zone, trading around $105,000 USD.

After a strong start to the month that took us to peaks near $112,000, we have seen a phase of consolidation and a slight pullback. Far from being a panic signal, this seems to be a healthy move from the market, establishing a key support.

Key Points to Watch:

• The zone of $104,000 - $105,000 is acting as our current floor. As long as we stay above it, the medium-term bullish structure remains intact. A drop below could seek the next major psychological support at $100,000.

• To regain momentum, we need to break the barrier of $108,000 and subsequently surpass $112,000 to confirm the continuation of the upward trend.

• Despite this pause, long-term sentiment remains very optimistic. Continued institutional adoption and strong inflows into Bitcoin ETFs remain the major underlying drivers supporting the value.

We are in a moment of strategic accumulation. The market is taking a breather before its next big move. Patience is key. Keep a close eye on the mentioned levels. A decisive breakout in either direction will set the tone for the coming weeks.

What do you think of the market? Do you believe this is the floor before the next push towards $120k? I look forward to your comments!