⚠️ Bitcoin is stuck below $105,000 — bullish faith or the calm before the storm?
BTC has been hitting the ceiling at $105,000 for several weeks now, but it still can't break through. Attempts to rise are met with a cold shower — the market is pressured by a worrying backdrop of global politics.
🧨 Geopolitics is back in play: escalation of the conflict in the Middle East, intensification of trade disputes, and a new wave of uncertainty have returned anxiety to the market. According to surveys, the sentiment of BTC holders has dropped to a two-month low. And although this is not an April shock yet, nerves are fraying among players.
🤝 Despite the pessimism, institutions are not giving up. Just in the last week, they purchased 14,004 BTC — that's over $1.4 billion. Stock support remains — and this is one of the few bullish signals.
📊 If BTC can turn $105,000 into support, the next targets will be $108,000 and then $110,000. This is where bulls may regain strength. However, a break below $102,734 and especially $101,503 would create conditions for a crash and a complete breakdown of the current recovery scenario.
💬 For now, the market is in a balance of fear and faith. Each new headline in the news could be the spark that ignites movement.
