Today, $BTC is trading in the range of $103,600–$106,100, strengthening after a slight correction. Analysts note technical consolidation: the price remains above $104,000, and the MACD shows signs of an upward reversal. Key resistance levels are $106,900 and $110,000, a breakout of which will open the way to $112,000–$115,000.
Today's rise (~+1%) to $106,080 is attributed to improved risk appetite and the Fed's 'hawkish pauses'. Institutional demand remains strong: companies and funds continue to accumulate BTC, and MicroStrategy is managing positions through high-yield issuances.
In summary: Bitcoin continues to trade close to $105,000 in anticipation of an upward breakout. If it holds the support at $104,000, it may re-attack record levels.