Bitcoin Near $107K Resistance, Will Pullback Occur?

Bitcoin (BTC) is currently trading near $105,000 after hitting a significant resistance near $107,000. This potential pullback could indicate short-term correction or even a continuation of the current upward trend. Key support levels are being closely monitored for future direction. 300-Day SMA remains crucial, and traders anticipate a breakout in either direction. A break above $107K would suggest strength, while a dip below $100,667 could trigger further declines.