$BTC BTC needs to recover the level of USD 108,000 to break upwards

Data from Cointelegraph Markets Pro and TradingView show that USD 103,000 remains a magnet for the price of BTC.

The previous day, the bulls had reached USD 105,000 again, but there was no momentum after the strong gains in the first half of the month.

Now, traders were expecting a consolidation before volatility returned, with predictions favoring more increases.

It will likely remain stable for a while, which would be great news for altcoins.