🚀 #BTC/USDT Breaks $100K – Eyes on $120K!
Bitcoin has surged past $100,000 for the first time since early February 2025, reaching an intraday high of $101,370. Analysts project potential resistance near $107,000 and an upside target around $120,000 if the rally continues.
🔍 Technical Snapshot:
Current Price: $104,307
Resistance Levels: $107,000, $120,000
Support Level: $100,000
Relative Strength Index (RSI): Above 70 (overbought territory)
📈 Potential Trade Setup:
Re-Entry Zone: $100,000 - $102,000
Take Profit Targets:
TP1: $107,000
TP2: $120,000
Stop Loss: $98,000
📊 Market Sentiment: Institutional interest has played a significant role in Bitcoin's momentum, with inflows into spot Bitcoin ETFs reaching $5.3 billion in the past three weeks.
⚠️ Disclaimer: This is not financial advice. Always conduct your own research before making investment decisions.
