#bitcoin $BTC Bitcoin surpassing $105,000 is a significant milestone, reflecting strong market momentum. Based on available data, Bitcoin hit this level in mid-December 2024 and has since consolidated around $105,000-$110,000, with a peak of $110,000 in May 2025.

Current sentiment on X shows excitement but also caution, with traders eyeing resistance at $106,000 and support at $100,000. Analysts suggest institutional inflows, ETF demand, and a favorable U.S. regulatory outlook under the Trump administration are key drivers. However, short-term volatility is expected due to macroeconomic uncertainty and profit-taking.

If Bitcoin sustains above $105,000, technical models point to a potential target of $122,000, though a pullback to $100,000 remains possible if resistance persists. Always approach crypto investments critically, as volatility and speculative sentiment can distort fundamentals.