Bitcoin is maintaining its position above the $105,000 mark following a week characterized by significant volatility and uncertainty, during which the price momentarily fell to $100,000. Currently, with a 6% increase from last week's low, BTC seems ready to make another effort to surpass the critical resistance zone of $110,000 to $112,000.
This resistance level has previously hindered upward momentum, indicating that a breakthrough could signal a new rally for the cryptocurrency. Investors are closely monitoring market trends as BTC seeks to establish stronger support and gain traction for further growth.