#BTCReclaims101K Hits $101,880: Bulls Back in Action? 💹
$BTC has officially reclaimed $101,000, surging to a high of $101,880 after a low of $97,248 earlier today. This rapid recovery marks another key milestone, but what does it mean for the near-term outlook? Let’s break it down:
Key Observations
1️⃣ Strong Buy Pressure: The dip below $100K was short-lived, as bulls quickly pushed BTC to reclaim critical levels, showing immense market demand.
2️⃣ Battle at $101,880: While BTC managed to breach $101K, holding above this zone will be crucial to prevent a retest of $100K or lower.
Next Levels to Watch
👉 Support: If BTC faces rejection near $102K, key support lies at $99,000-$100,000 to stabilize the uptrend.
👉 Resistance: Bulls are eyeing $103,000-$105,000, which could unlock further gains toward a new ATH if momentum persists.