BTC110KToday?

#BTC110KToday? Here’s the latest on BTC and the big question of reaching $110K today:

🔍 Current Price & Technical Outlook
Trading levels: BTC is hovering around $107,250, fluctuating between $107K–$108K—with $110K acting as the key resistance to watch.
Technical indicators: A breakout above $109K–$110K, especially with a strong 4‑hour candle close, may trigger a move toward all-time highs again . But historical patterns show it could pull back first to the $105K–$107K band before gaining momentum .
🎯 Short-Term Forecast
Analyst projections:
Expect ~2–5 % upside this week, aiming for $110K–$112K if support holds above $105K .
A confirmed breakout above $110K–$110.5K might open the door to new record highs (May’s ~$112K–$112K+ range) .
🌍 Broader Context & Opinions
Macro & geopolitics: BTC dipped to sub‑$99K recently amid geopolitical pressures but swiftly rebounded above $100K amid safe‑haven demand .
Billionaire outlooks:
Philippe Laffont believes BTC could double its market cap to $5 trillion, targeting prices well beyond $110K. He added BTC to his long‑term portfolio .
Edul Patel suggests a potential path to $250K over time, recommending patience amid volatility .
💬 Today’s Verdict: “#BTC110KToday?”
It’s not there yet, but BTC is within striking distance.
A clean breakout and hold above $109K–$110K zones is the trigger most analysts are watching.
Failure to break through could see a retrace to $105K–$107K before another bullish attempt.
✅ What to Watch
1. Close above $109K–$110K on a 4‑hour or daily time frame—watch for that confirmation.
2. Support around $105K–$107K—should act as a cushion if price pulls back.
3. Macro catalysts—Fed signals, geopolitical events, and ETF flows can shift momentum quickly.
📅 Bigger Picture
BTC’s all-time high (~$111.97K) was reached on May 22, 2025 .
Long-term prospects remain strong, with bulls eyeing $120K+ near term and even $250K+ over the coming years, contingent on sustained macro support.
🔎 Summary
Short term: Close—but needs that breakout.
Mid to long term: Bullish setup, with $110K as a pivotal level.
Catalysts: Watch major news, ETF flows, and technical volume.

After the long and steep rally in Bitcoin that began on April 9th, the price is now entering a period of consolidation and forming a classic bullish continuation pattern known as a bull flag.

$BTC
This type of structure often appears after a strong impulsive move to the upside and signals that the market may be gearing up for another leg higher.

Bull Flag:
On the daily timeframe, BTC is in the process of developing a bull flag by printing a series of lower highs and lower lows within a narrow descending channel. This pullback phase comes after a significant rally and is generally considered a healthy part of a trending market. It reflects a cooling-off period in which the market digests the prior gains while maintaining a bullish bias. This type of structure typically resolves to the upside, continuing the dominant trend. At present, BTC is approaching a key upper boundary of the flag formation, which also aligns with a prior zone of price rejection. This area could act as resistance in the short term and will likely play a crucial role in determining the next directional move.

4H Fair Value Gap:
Zooming in on the 4-hour chart, we can observe a clearly defined fair value gap (FVG) between the 102,700 and 103,800 levels. This imbalance was created during the sharp move up and now represents a potential area of interest for buyers. If price retraces into this zone, it could act as strong support where demand steps in, filling the imbalance and potentially triggering the next upward leg. Fair value gaps often serve as magnet zones in trending markets, and in this case, could offer a key entry point for those looking to position long within the larger bullish structure.

Liquidity Levels:
One of the more critical areas to watch lies around the 111,000 level, where we see a double top on the lower timeframes. This region holds a significant amount of resting liquidity just above it, as evidenced by the liquidation heatmap. These clustered stop-loss orders and leveraged positions create a liquidity pool that could attract market makers and large players looking to trigger a stop run. As price approaches this level, it becomes increasingly likely that the market may spike into this liquidity before deciding on a longer-term direction. This liquidity zone acts like a magnet and is a common target for short-term wicks and fake-out moves.

Expectations:
The current expectation is for Bitcoin to push higher toward the 111,000 level before the market makes a more definitive move. While this upside continuation seems likely in the short term, caution is warranted, especially considering the structure on higher timeframes. The weekly chart is starting to show some signs of exhaustion, with momentum slowing and potential bearish divergence forming. As such, the move to 111,000 could simply be a liquidity grab—a final push to trap breakout traders—before a deeper correction or reversal unfolds. If price does manage to break the all-time high with convincing volume and sustained follow-through, the bullish case would strengthen significantly. Until then, however, it’s important to remain cautious and recognize the risk of a fake-out at these elevated levels.

Conclusion:
Despite the strong rally in recent weeks, Bitcoin still faces substantial resistance overhead. The 111,000 level stands out as a critical zone that could act as a magnet, drawing in price action before reversing to the downside. This area is not only technically significant but also loaded with liquidity, increasing the risk of a bull trap. Traders should remain vigilant and avoid getting caught on the wrong side of the move. Watch closely for signs of exhaustion or divergence as price approaches this level, and be prepared for potential fake-outs designed to lure in overly aggressive participants. Staying patient and waiting for confirmation remains the most prudent strategy in this environment.

Trade at your own Risk 👍
Best Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.

#BTC110KToday?
#USCorePCEMay

Most people think he’s crazy but they are wrong
He built a multibillion company from NOTHING
Here’s the hidden truth about Microstrategy no one is talking about.
◑ Michael Saylor has a crazy strategy - he buys $BTC every day even when the price is over $100K
◑ He is the founder of MicroStrategy and his company holds over 200K $BTC
◑ Legends are not born but made and this is how Michael Saylor became a crypto market legend
◑ Michael Saylor founded MicroStrategy in 1989 when the company focused on business analytics
◑ In 2020 the company started buying $BTC as a reserve asset
◑ That’s when Saylor’s story as the biggest $BTC investor began
◑ The company buys $BTC using profits and through bonds
◑ Saylor doesn’t care about the current price of $BTC - he keeps buying it because his goal is long-term asset accumulation
◑ A large amount of $BTC creates a financial cushion for the company and helps it survive crises
◑ The company sees $BTC not as a speculative asset but as a reserve store of value
◑ Saylor believes $BTC is “digital gold” because it has limited issuance, a secure network and mobility
◑ That’s why the company doesn’t sell Bitcoin - all purchases are made with a 10–20 year horizon
◑ To buy more $BTC the company issues new bonds to raise additional funds at low interest rates
◑ It also sells its own stock to finance new $BTC purchases
◑ The company doesn’t care about $BTC’s price - this is its leitmotif not just a digital currency
◑ Because the company sees a future in $BTC it is massively accumulating the token in anticipation of a pump
◑ Of course $BTC is not only a hedge against inflation but also a potential source of profit
◑ Their strategy is to create their own strategic bitcoin reserve within the company
◑ Saylor also publicly supports AI development
◑ He believes that AI and $BTC are the key technologies of the long-term trend
◑ Saylor often comments on global news and shares his views on crypto development in interviews
◑ Saylor believes that by the end of 2034 99% of $BTC will be mined
◑ So it’s fair to assume that the global bull market is just beginning
◑ In the next 10 years whales and retail investors will start massively buying $BTC as it sheds its “risky asset” label
◑ According to Saylor it’s never too late to buy $BTC (he’s doing it himself)
◑ He says token demand is constantly growing and will continue to increase
◑ Let’s not forget that $BTC is inflation-proof because it has a fixed supply of 21 million coins which attracts whales and investors
◑ Also Saylor doesn’t oppose government regulation if it ensures market transparency
◑ His company operates strictly within US legal frameworks so American law is what interests him
◑ And he’s right - every regulation should have a positive goal and clear meaning
◑ So Saylor’s main investment is $BTC - he doesn’t buy $ETH or other altcoins
◑ He considers other tokens to be risky assets
◑ And that makes sense - once Bitcoin was accepted as a reserve asset $BTC reached a whole new level
◑ To young investors Saylor advises focusing on knowledge and avoiding FOMO and speculation
◑ He made money by buying and holding the same position for a very long time
◑ To become as successful as Saylor find your niche and believe in it to the end.
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