Bitcoin's Path to 103k: Challenges and Psychological Shifts

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.