$BTC Bitcoin is currently trading just above the US $100,000 mark, having dipped from recent peaks and now hovering in a consolidation zone around the ~$101K-$105K range.The price action shows thinning volume near the key support at ~$100K, suggesting that while buyers are present, momentum is not yet robust.Analysts from major institutions (e.g., JPMorgan Chase & Co.) continue to keep a bullish medium-term outlook, citing an upside target as high as ~$170,000 over the next 6-12 months, though they also caution this could be followed by a sharp correction.On the technical side, some support lies at about ~$100K, while resistance is forming around ~$105K-$108K; a decisive move above that resistance may mark the start of the next leg higher.

In summary: Bitcoin is in a watchful phase—holding above major support but lacking a strong breakout signal. If the ~$105K resistance is overcome with volume, the next target could emerge upward; if the ~$100K support fails, further downside risk should not be ignored.

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BTC

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