Bitcoin is currently experiencing a surge in bullish sentiment, driven by multiple catalysts. The recent ceasefire in the Middle East and the Federal Reserve's indication of a possible rate cut in July have contributed to the positive outlook for the leading cryptocurrency.

One of the most significant indicators of Bitcoin's bullish trend is the potential 'trend switch' to $105,000. Once seen as a distant target, this price is now within reach as market conditions improve.

The Federal Reserve's hint at a rate cut in July has significantly impacted the market, including Bitcoin. This news is interpreted positively by investors, boosting confidence in the cryptocurrency.

Bitcoin's status as a safe-haven asset has been reinforced by recent geopolitical tensions and economic uncertainties. This has led investors to turn to Bitcoin as a hedge against market volatility, increasing demand and driving up prices.

Institutional interest in Bitcoin is rising, with more traditional financial institutions looking to enter the cryptocurrency market. This influx of institutional capital contributes to Bitcoin's bullish momentum.

Technical analysis supports Bitcoin's uptrend, with key resistance levels being broken and trendlines indicating further gains. Traders and analysts remain optimistic about Bitcoin's short-term price action.

The Bitcoin community is buzzing with excitement over recent market developments. Social media is abuzz with discussions about price predictions, trading strategies, and Bitcoin's future, reflecting the positive sentiment among investors and enthusiasts.

Overall, Bitcoin's $105,000 'trend switch' signifies the current bullish momentum in the market. With multiple catalysts driving prices higher and increasing institutional interest, Bitcoin is poised for further gains. Investors and traders are optimistic about Bitcoin's long-term prospects.