Bitcoin’s rally has hit a pause near the $105,000 level after a strong post-halving recovery, leaving traders on edge as the world’s largest cryptocurrency tests key resistance zones that could decide its next major move.
Despite cooling momentum, optimism lingers across crypto markets as technical signals hint at a possible bullish breakout. With the $107K resistance and $101K–$103K support levels shaping the short-term trend, market sentiment remains cautiously positive while long-term holders begin realizing profits after months of accumulation.
Current Landscape: BTC Price Holding Steady at ~$105K
The price of Bitcoin (BTC) remains steady around the $105,000 mark after briefly climbing above the six-figure threshold and testing a major resistance area near $107,500. This consolidation follows a strong rally driven by post-halving optimism and renewed institutional demand, which helped Bitcoin reclaim psychological support above $100K for the first time in months. Despite facing headwinds at higher levels, the market structure continues to show strength, with traders closely monitoring the next decisive move.
Bitcoin reclaimed $100K but was rejected near $107,500 and is now eyeing a pullback to $101K–$103K support before testing $110K–$112K. Source: ijaz crypto on TradingView
Analysts suggest that Bitcoin is currently undergoing a short-term corrective phase within a broader bullish market structure. The ongoing pullback is viewed as a healthy pause rather than a trend reversal, allowing momentum indicators to reset before a potential new leg higher.
As volatility tightens, attention now shifts to how Bitcoin reacts to its nearby support levels—a rebound from these zones could reignite upward momentum toward the $110K–$112K target range.
Resistance Challenge Ahead
The recent attempt of Bitcoin to break through the resistance zone of $107,000-$108,000 was strongly rejected and confirming this level as a significant obstacle for further gains. The price since then has hovered close to the $105,000 mark with hesitation as traders await a clearer direction.
Bitcoin faced rejection at the $107K–$108K resistance, with key support near $104K aligning with a CME gap that could trigger a potential rebound. Source: Ted via X
A drop below key short-term support could drive BTC to the $100K region or even the $98K liquidity area, while a bounce off the daily order-block zone of $101K-$103K could reignite momentum to the $110K-$112K range. In other words, the $107K level continues to be an important resistance level, and how Bitcoin reacts around its nearby support zones will likely determine its next major move.
Technical Signals: Momentum Brewing for BTC Price
Technical indicators show signs of a potential turnaround. A bullish crossover in the Moving Average Convergence Divergence (MACD) indicator for BTC is reportedly close. For example:
“$BTC MACD bullish cross is about to happen.”
AshCrypto signals a MACD bullish crossover, with Bitcoin near $105K, hinting at a short-term rally. Source: Ash Crypto via X
This type of crossover is often viewed as a momentum-triggering event. A strong close above the $106,000 region should confirm the signal and open a path towards the target of $110K for BTC.
That said, MACD signals are never bulletproof in themselves: they work best in combination with other indicators such as RSI, volume, and trend confirmation.
Long-Term Holder Activity: Watch the Profit Taking
On-chain data suggest considerable selling by long-term holders (LTHs). Since July 2025, roughly 371,584 BTC (~US$39 billion at current levels) have been offloaded. Long-term holders are realizing profits at elevated levels, a phenomenon historically associated with market transitional phases.
“Long-term holders … have already sold 371,584 Bitcoin $BTC since July.”
Long-term holders have sold 371,584 BTC since July, reaching peak spending levels. Source: Ali Martinez via X
Furthermore, the ratio of LTH to STH supply has fallen roughly 11% in recent months—a metric indicating accumulation may have already flipped to distribution.
That begs the question: Is profit-taking by holders a sign of an impending reversal, or merely a consolidation pause ahead of the next leg higher? Uncertain is the answer for now, but it’s one aspect of behavior worth monitoring for any Bitcoin price forecast.
Outlook: Bitcoin Price Prediction & Key Levels
Given the current market conditions, Bitcoin’s price outlook presents both bullish and cautious scenarios. If the cryptocurrency manages to secure a daily close above the $107K–$108K resistance zone, it could pave the way for an upward move toward the $110K–$112K range. Conversely, if BTC fails to hold its support between $101K and $103K, a deeper retracement toward the $100K or even $98K level remains possible.
Bitcoin was trading at around 105,044.32, down .90% in the last 24 hours at press time. Source: Brave New Coin
In the short term, momentum indicators and institutional activity appear supportive, with U.S.-listed spot Bitcoin ETFs showing renewed inflows after a period of consistent outflows. However, given the elevated price levels, ongoing volatility, and changing on-chain dynamics, any sustained rally toward $110K will likely depend on a combination of strong technical signals, positive market sentiment, and steady capital inflows.
