$BTC

**#BitcoinUpdate: BTC Faces Resistance at $105K**

Bitcoin (BTC) is currently trading around **$102,030**, down **2.47%** in the past 24 hours. The price hit a **high of $105,939** but faced resistance, pulling back to **$101,437**. Despite this dip, BTC has more than doubled over the past year, driven by institutional adoption and optimism around the upcoming **Bitcoin halving** in April 2025.

Analysts predict BTC could reach **$150,000** by the end of the year, citing historical post-election rallies and increasing mainstream adoption. However, short-term volatility remains high as traders react to macroeconomic factors and Federal Reserve policies.

Will BTC break past **$105K**, or is a deeper correction ahead? Stay tuned!

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