After the frenzy of Bitcoin smashing through the six-figure barrier, it’s fair to say the market has taken a bit of a breather.
The crypto space was buzzing when Bitcoin surged past $100,000, but now we’re watching a more measured, strategic kind of movement — the kind that often signals something big is brewing just beneath the surface.
At the time of writing, Bitcoin is holding steady around the $103,000 mark.
And while some might see the slower pace as a lull, seasoned analysts suggest it’s more of a tactical pause than a burnout.
Bitcoin Takes a Breather Between Major Price Zones
According to RLinda, a popular analyst on TradingView, Bitcoin’s current behavior is classic consolidation.
The price recently climbed from around $97,860 to test resistance near $104,300, and now it’s bouncing within a tight range between $104,300 and $102,300.
Over the last couple of days, momentum has eased up, but RLinda believes this is far from bearish.
Instead, it’s a healthy sign of the market catching its breath and possibly setting the stage for another push upward.
If BTC can hold above $102,300 or even spring off $101,700, there’s a good chance we could see it challenge $104,300 again — and maybe break through this time.
What Happens If Bitcoin Breaks Resistance?
The next few moves could be telling.
If Bitcoin retests the $103,600 mark and finds support in the liquidity zone (roughly between $102,700 and $102,300), we might see a fresh breakout attempt.
If that push clears $104,300, price targets could quickly jump to $106,000 or $107,000.
And it doesn’t stop there — with enough momentum, we could be talking about a shot at a new all-time high beyond $108,786.
Some predictions even see Bitcoin pushing into the $110,000 range before May wraps up.
Looking even further out, analysts are eyeing possible targets in the $120K to $180K ballpark by year’s end.
On-Chain Data Shows Strong Long-Term Confidence
Beyond the charts, there’s also some pr
Share on Facebook «||» Share on Twitter «||» Share on Reddit «||» Share on LinkedIn