7/1/2025
Another push toward the key S/R level at 103k.
Without liquidity injections, this level could prove challenging to break.
That said, the potential of a Bitcoin Strategic Reserve may be enough for the market to sustain a bullish outlook - at least for Bitcoin.
From a psychological perspective, 100k isn't a resistance level anymore, as it has been a target for far too long.
However, that doesn't mean it instantly becomes an attractive buying level for the market either.