#BTCReclaims101K
Currently, Bitcoin price is showing fluctuations between important support and resistance levels. The price is trying to break the $100,000 barrier, with the $98,000 level continuing to be a major resistance area. The recent positive moves reflect bullish momentum that could push Bitcoin towards $104,000 if strong demand from institutional investors continues, especially with the support of exchange-traded funds (ETFs).
However, some analysts are warning of the possibility of corrections, especially if the price continues below the $100,000 level, which could return Bitcoin to support levels at $93,000.
Overall, the general trend in the near term appears to be bullish, but with the possibility of a pullback in case strong resistance is not broken.
It is advisable to monitor the movements with caution..
