7 December 2025
Bitcoin (BTC) continues to test the $105.000 resistance level repeatedly over the past few days. However, this barrier is proving to be tough, as BTC has failed to break through so far. After the last attempt, the price has dropped back to $102.000. However, there are strong bullish signals that a breakout may only be a matter of time.
In April, there was a notable accumulation during a price drop. This type of “directed” price action often precedes major announcements or changes in the market. Every small dip was bought up almost immediately, indicating significant interest from savvy investors anticipating an impending breakout or major news. It is clear that there is a lot of interest that cannot be ignored.
Another positive sign comes from the Moving Average Convergence Divergence (MACD) indicator, which is showing a major bullish cross on a weekly basis. This pattern, better known as a “bullish cross,” was last observed in October 2024. That period led to a strong price increase. I consider this one of the strongest signals for a potential breakout above $105.000.
Despite the recent price increases, the Fear & Greed Index remains remarkably low compared to previous highs. This is an indication that investors are not yet driven by extreme greed, which points to healthy market dynamics. The current sentiment therefore offers room for further price increases without the risk of overheating. Furthermore, the relatively low greed score may suggest that many investors are still in a wait-and-see mode, which could provide an additional incentive for new investments once the resistance levels are broken.
If Nebraskangooner — one of the trading minds trying to figure it out — has his way, BTC won’t be long in the tooth to continue its ascent. If support around $102.400 holds, the cryptocurrency has the potential to climb towards the 1.337 Fibonacci line, he reports. This would mean we could head towards $120.000, which would be an increase of almost 18%.
Isn’t it exciting to see how quickly the market can change? The future of Bitcoin could be just around the corner.
Why Does Bitcoin Keep Testing the $105.000 Level?
Bitcoin is testing this level because it is an important resistance level. Every time it tries to break through this level, the market shows its volatility and the interest of both active and new investors.
What does the 'bullish cross' mean for Bitcoin?
The 'bullish cross' on the MACD indicator means that a trend reversal may occur. This type of situation often indicates a positive price movement and can indicate an upcoming price increase.
Is the low Fear & Greed Index bad for the market?
No, a low Fear & Greed Index can actually be positive. It indicates that investors are not yet overly enthusiastic, which creates room for further gains without immediately overheating the market.
Bitcoin (BTC)
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