Bitcoin holds above $100K as drop below key support looks unlikely

Bitcoin is holding steady around $105,000, with analysts like Michaël van de Poppe saying a dip below the $100,000 support level is unlikely, according to Cointelegraph. After briefly falling to $103,400 following geopolitical concerns, BTC quickly recovered. Van de Poppe noted that while Bitcoin may retest the $100,000–$103,000 range, a move below $100,000 is less probable. Traders now eye $106,000 as the next key resistance to flip for further upside.