$BTC

Bitcoin ($BTC) Navigates Key Levels Amidst Shifting Sentiment

Bitcoin is currently trading around the $106,000-$107,000 mark, showing resilience after recent geopolitical tensions pushed it below $103,000. Institutional interest, particularly through ETF inflows, continues to provide strong underlying support.

Technical analysis suggests $105,000 is a critical support zone, while $112,000 remains a key resistance to break for further upward momentum. The market is eyeing a potential retest of the all-time high, with some analysts forecasting a push towards $120,000-$125,000 by mid-year. While volatility persists, the long-term outlook remains bullish, driven by increasing adoption and a maturing market.