$BTC Bitcoin #BTC has surged past the $100,000 mark, reaching a high of $103,978 today, fueled by positive macroeconomic developments and strong institutional interest.

This rally is attributed to several factors

Trade Agreements: The announcement of a new U.S.-U.K. trade agreement and potential progress in U.S.-China trade talks have bolstered investor confidence, leading to increased demand for risk assets like Bitcoin.

Institutional Inflows: Bitcoin ETFs have seen significant inflows, with $3.5 billion entering the market over the past three weeks, indicating growing institutional interest.

Technical Indicators: Bitcoin's dominance in the crypto market has surged above 65%, signaling bullish momentum.

Analysts are now eyeing resistance levels near $107,000, with potential upside targets around $120,000 if the rally continues.

As always, investors should stay informed and exercise caution, as market conditions can change rapidly.