Bitcoin (BTC) is currently trading around $103,500, which is approximately 40% above its April lows, and has turned the $100,000 level into strong support. Technically, the RSI is above 70, indicating an overbought zone, while the MACD shows a bullish crossover, suggesting a potential upward trend. If BTC breaks the $107,000 resistance, the next targets could range from $112,000 to $120,000, whereas failure to hold could lead to a drop toward $100,000 and then possibly $92,000. The volume is increasing, showing strong buyer interest, and whale activity also appears positive. However, since the market is in an overbought state, there is a risk of a short-term correction. Overall, the trend remains bullish, but entering without proper risk management can be dangerous, especially near the psychological $100k level. If BTC holds above $100k, it could continue toward the $120k–$150k zone.#BTCBackto100K #BTCtrade