#BTCPrediction #MarketRebound
Bitcoin has reclaimed the crucial $103,000 level, indicating renewed bullish momentum.
This upward movement is largely driven by positive market sentiment following recent ceasefire news.
The geopolitical development has temporarily eased investor concerns, bringing fresh buying interest.
BTC is now moving toward a significant resistance zone between $106,200 and $106,800.
This range has previously acted as a strong barrier to further upward movement.
A successful breakout above $106,800 could lead to extended gains, targeting higher psychological levels.
However, failure to breach this resistance may result in consolidation or a short-term pullback.
Traders should monitor volume spikes and candlestick behavior at this zone to confirm direction.
Overall, BTC's trend remains bullish, but caution is advised near resistance areas.