$BTC Bitcoin is holding steady above $100K, currently trading around $102,825. After a rapid surge from $75K to nearly $106K in the past month, the market is showing signs of consolidation. While institutional interest remains strong, retail participation is still catching up. On-chain metrics suggest a potential double top formation, reminiscent of the 2021 cycle. Key resistance lies at $110K, and a breakout above this level could signal the next leg up. However, if support at $102,500 fails, a pullback to around $92K is possible. Investors are advised to stay vigilant and monitor market developments closely.
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