#BTCBackto100K A short-term pullback to $100K for Bitcoin is definitely possible—even healthy—given the recent surge. Here’s why a return to $100,000 could happen soon:
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Reasons for a Pullback to $100K:
1. RSI Near Overbought (68+)
Suggests BTC is overextended, often followed by cooling.
2. Profit-Taking Zone
Many traders who bought under $90K may take profits now, especially near resistance ($103K–$105K).
3. Resistance Pressure at $103.5K
Price is struggling to cleanly break above that level.
4. ETF Flows Mixed
Some Bitcoin ETFs (like VanEck’s) showed zero inflows recently, hinting at waning momentum.
5. Psychological Support at $100K
It’s a strong round-number level where buyers may step back in.
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If It Pulls Back:
• Likely Support Zones: $100,000 (psychological), $97,700 (technical), and $96,000 (last swing low).
• Outlook: A bounce from $100K could recharge bulls for a renewed push toward $109K.