Bitcoin's market dynamics are showing promising signs of bullish momentum after surpassing the $105,000 mark.
The Spot Net Volume Delta on Binance has turned positive, indicating increased spot market buying momentum in response to BTC's performance.
A surge in spot volume suggests renewed interest from institutional and retail investors, potentially supporting a sustained rally for Bitcoin.
Analysts predict that Bitcoin could peak at $207,701 in this cycle, with key resistance levels and Fibonacci extension levels pointing towards potential future price movements.