#BTCBackto100K
Bitcoin (#BTC) has recently broken through the $100,000 mark, reaching highs above $101,525 and even touching $104,145, signaling a strong bullish momentum in the market.
This breakout past the psychological $100K barrier is seen as the start of a new price discovery phase, with some traders eyeing resistance levels around $105,000 and potential targets up to $120,0002. However, experts caution that after such a rapid rise, a pullback or retracement is likely as bears regroup, so investors should remain cautious and manage risk carefully23.
In summary:
Bitcoin has surpassed $100K, hitting highs over $104K recently.
Key resistance is near $105K, with potential to reach $120K.
A pullback is expected after this strong rally.
Market participants are advised to stay alert and avoid greed-driven decisions.
This momentum is fueling the #BTCBackto100K trend and excitement in the crypto community.