#BTCBackto100K 1. Psychological Resistance and Support:
$100K serves as both a psychological barrier and a strong resistance point.
Breaking back to this level signals market recovery and renewed bullish sentiment.
2. Market Cycles and Accumulation:
The path to $100K often includes phases of accumulation, consolidation, and breakouts.
Long-term holders (LTHs) tend to accumulate during bear markets, strengthening support zones.
