$BTC 📊 Current Situation: BTC is at $103,000
Bitcoin has just surpassed the $100,000 mark for the first time in 3 months, reaching a daily high of $101,370—the highest level since early February 2025.
🔍 Market Indicators:
• Large inflows: Bitcoin ETF funds have attracted $5.3 billion in the past 3 weeks, showing strong interest from institutional investors.
• Positive market sentiment: The Fear & Greed index is currently at 65 (Greed), reflecting investor optimism.
• Short-term forecast: It is predicted that BTC could reach $109,735 by May 10, 2025, with a continued upward trend.
📉 Price Levels to Consider:
• Strong support: $94,000–$95,000 is considered an important support level; if BTC retraces to this level, it may present a buying opportunity.
• Nearby resistance: $106,500 is the next resistance level; if surpassed, BTC could move towards $110,000.
✅ Conclusion:
With current factors such as strong institutional inflows and positive market sentiment, BTC has the potential to continue rising in the short term. However, investors should closely monitor support and resistance levels to make appropriate decisions.