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Bitcoin Bulls Defend $101,000 as Market Eyes Key Reclaim at $107,000

  • Bitcoin rebounded from below $101,000 after a liquidity sweep and is now testing the $106K-$107K resistance zone.
  • Bulls need to reclaim the $106K-$107K area to regain momentum towards all-time highs, as failure risks further breakdown.
  • The $100K-$101K support range is crucial, with sustained weakness possibly leading BTC towards the mid-$90K demand zone.
  • Bitcoin's recent bounce from $101K indicates strong psychological and technical support at that level, with $107K seen as a key level to watch.

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