Cryptocurrency analysts at Delphi Digital have pinpointed a crucial price level for Bitcoin (BTC) that will likely dictate its future trajectory. Their analysis suggests that a successful recovery and break above $103,000 is paramount for sustained bullish momentum. Delphi Digital's analysis hinges on Elliott Wave principles, positing that the current market correction could be interpreted as an ABC correction (rise → fall → rise). For this bullish scenario to play out, however, BTC must convincingly surpass the $103,500 resistance level. A failure to do so could signal further downward pressure. Monitoring this key level is crucial for investors assessing Bitcoin's next move. Further dips could provide buying opportunities, while a break above $103,000 could signal a resumption of the upward trend. ```