#BTCBackto100K

Bitcoin (BTC) has once again surpassed the \$100,000 mark, reaching an intraday high of \$103,513. This surge, the highest since early February 2025, reflects a confluence of factors driving renewed investor confidence. Analysts attribute the rally to easing global trade tensions, particularly following a new U.S.-U.K. trade agreement, and a resurgence in risk appetite among investors. Institutional interest remains robust, with significant inflows into Bitcoin ETFs and corporate acquisitions, underscoring the growing acceptance of Bitcoin as a legitimate asset class. Despite the bullish momentum, technical indicators suggest potential resistance near \$107,000, and analysts caution that profit-taking could lead to short-term volatility. Nonetheless, the broader trend appears positive, with projections suggesting that Bitcoin could reach \$120,000 in the near term

Source: investopedia