🟡Bitcoin has confidently broken through the $100,000 mark, surpassing key resistance and reaching $104,361 — its highest level since January. A steady climb without significant pullbacks has strengthened belief in the return of a bull market. Economist Axel Kibar identified November 2024 as a pivotal breakout point, reaffirming a target of $137,000. Other analysts suggest even more ambitious scenarios — investor Jason Williams declared the start of an exponential growth phase, while Matthew Hyland sees potential for a move toward $160,000.
🟡However, some profit-taking has emerged around the $103,000 level. Trader Skew noted increased activity from large players closing long positions. Despite this local resistance, the overall trend remains bullish: technical indicators and market optimism continue to support expectations of another leg upward.
