$BTC Alert: Spot the Opportunity or Risk — Here’s What You Need to Know!

With Bitcoin trading around $105,200, its range between the intraday high of $105,900 and the low near $104,867 shows both resilience and uncertainty . But what does this really mean for traders?

First off, BTC recently hit an all-time high near $112,000 (May 22), before correcting to the $104k–$105k zone — a healthy pullback, not a crash . Technical signals? Analysts spotted a golden cross (50‑day SMA crossing 200‑day SMA), typically a bullish sign, but BTC must reclaim and stay above crucial levels—like $105k and notably $107k—for the bulls to stay in charge .

Macro‑wise, Bitcoin is riding on institutional demand (ETPs, corporate treasuries) and whispers of Fed rate cuts, potentially pushing it to $120k–$125k by mid‑month — even some targets hitting $150k–$200k by late 2025.