$BTC Bitcoin is currently trading near 105500 dollars and showing signs of consolidation after recent volatility Analysts suggest BTC could test 107800 dollars if it breaks above the 106350 resistance level However downside risks remain with support at 103200 dollars and a potential drop to 100449 dollars if bearish momentum returns Long term projections remain bullish with some analysts forecasting a rise to 200000 dollars by 2026 driven by institutional inflows and tightening supply dynamics Ancient wallets are hoarding more BTC than miners can produce creating a potential supply shock Market sentiment is cautiously optimistic as traders await macroeconomic signals and regulatory clarity