Bitcoin (BTC) is trading around $103,683 today, showing slight upward movement while consolidating below the key $105,000 resistance. The market remains in “Greed” territory, with sentiment strong but cautious. Retail investors are increasing their holdings, while whale wallets are slightly declining. Technicals suggest a breakout above $105,000 could lead to $110,000, but failure may trigger a dip toward $100,000. Additionally, $3.2 billion in Bitcoin options expire today, with a max pain point near $100,000, potentially adding short-term volatility. Overall, BTC appears bullish but at a pivotal point, with traders watching key levels and macroeconomic cues for direction.
