{"id":52285,"date":"2025-05-12T17:19:02","date_gmt":"2025-05-12T17:19:02","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-reclaims-105000-what-are-the-next-targets\/"},"modified":"2025-05-12T17:19:02","modified_gmt":"2025-05-12T17:19:02","slug":"bitcoin-reclaims-105000-what-are-the-next-targets","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-reclaims-105000-what-are-the-next-targets\/","title":{"rendered":"Bitcoin reclaims $105,000: what are the next targets?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-39-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-39-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-39-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-39-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Gains follow reports of US-China tariff rollback.<\/li>\n<li>Key support at $103,818 aligns with the 50-day EMA.<\/li>\n<li>MACD signals bullish momentum as consolidation continues.<\/li>\n<\/ul>\n<p>Bitcoin (BTC\/USD) maintained its footing above the $104,000 level on Monday, buoyed by rising investor confidence amid signs of easing trade tensions between the US and China.<\/p>\n<p>The world\u2019s most-traded cryptocurrency touched an intraday high of $105,706 before settling near $104,420.33 at the time of writing.<\/p>\n<p>This move follows weeks of sideways trading, and signals a potential shift in market sentiment.<\/p>\n<p><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-307222\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/Bitcoin-1-1.jpg\" alt=\"\" width=\"1515\" height=\"553\"\/><\/p>\n<p>Source: <a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\">CoinMarketCap<\/a><\/p>\n<p>Optimism around the rollback of US tariffs on Chinese goods has revived risk appetite across global markets.<\/p>\n<p>For Bitcoin, the easing geopolitical backdrop has acted as a key driver behind recent gains.<\/p>\n<h2>BTC jumps on macro optimism<\/h2>\n<p>The latest surge comes as the US has scaled back tariffs imposed on China, raising hopes that global trade flows could improve and recession risks may ease.<\/p>\n<p>This broader economic tailwind has extended into the crypto market, pushing Bitcoin above the psychological $105,000 barrier during intraday trading.<\/p>\n<p>The move has been supported by bullish technical indicators. The 50-day Exponential Moving Average (EMA), currently near $103,818, has provided a strong base during recent consolidation.<\/p>\n<p>Bitcoin\u2019s ability to bounce off this level has reinforced confidence among traders.<\/p>\n<p>Market participants are now eyeing the next resistance levels at $106,750 and $107,300.<\/p>\n<p>These price points align with previous supply zones and could determine whether Bitcoin can sustain its upward trajectory in the near term.<\/p>\n<h2>Support holds at $103,818<\/h2>\n<p>The $103,818 level has emerged as a key line of defence for bulls. It coincides with the 50-day EMA and has served as a critical floor during the recent period of range-bound movement.<\/p>\n<p>If Bitcoin can continue to hold above this support, it may provide the base for a renewed push toward higher levels.<\/p>\n<p>However, if downward pressure intensifies and the price falls below this threshold, the next support lies at $103,080.<\/p>\n<p>A breach of this level could trigger a broader pullback and push Bitcoin back into the lower end of its former trading channel.<\/p>\n<p>The Relative Strength Index (RSI) is approaching overbought territory, which suggests that a near-term correction is still possible. Traders are watching this closely, particularly as Bitcoin navigates resistance zones.<\/p>\n<h2>Technical signals suggest caution<\/h2>\n<p>While recent gains are encouraging for Bitcoin bulls, indicators suggest that caution is warranted.<\/p>\n<p>The Moving Average Convergence Divergence (MACD) is trending positive, with the MACD line crossing above the signal line and the histogram expanding.<\/p>\n<p>This reinforces the bullish outlook, but also suggests that some short-term consolidation may follow.<\/p>\n<p>The RSI, currently nearing levels above 70, implies that the market may be entering overheated territory.<\/p>\n<p>Historically, such readings have often preceded brief corrections before fresh upside attempts.<\/p>\n<p>Should profit-taking emerge, support levels at $105,000 and $103,818 will be tested once again.<\/p>\n<h2>Traders eye $107,000 barrier<\/h2>\n<p>With Bitcoin currently hovering around $104,420.33, momentum remains delicate.<\/p>\n<p>A confirmed breakout above $105,706 could reignite buying interest, opening the path to the next targets at $106,750 and the psychologically significant $107,000 level.<\/p>\n<p>Market sentiment will likely remain tied to macroeconomic developments, particularly progress on US-China trade discussions.<\/p>\n<p>Any setbacks on that front could reverse the recent gains, while continued optimism may fuel another leg higher.<\/p>\n<p>For now, Bitcoin\u2019s resilience above $104,000 marks a key technical milestone, and all eyes are on whether the world\u2019s leading cryptocurrency can convert this into a sustained rally.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-reclaims-105000-what-are-the-next-targets\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Gains follow reports of US-China tariff rollback. Key support at $103,818 aligns with the 50-day EMA. MACD signals bullish momentum as consolidation continues. Bitcoin (BTC\/USD) maintained its footing above the $104,000 level on Monday, buoyed by rising investor confidence amid signs [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":52286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52285"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=52285"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/52286"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=52285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=52285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=52285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}