$BTC – Bitcoin hovering near $110K — breakout or pullback ahead?

Bitcoin is currently trading around $111,571, after reaching a high of $111,774. The price is consolidating near this level, with support at $107,000 and resistance at $120,000.

Technical indicators suggest a potential breakout if the price sustains above the current level. However, a pullback could occur if it fails to hold.

Are you anticipating a surge or a dip in $BTC