$BTC

To support this bullish momentum, the middle line of the Bollinger Bands currently sits at $103,522, acting as a dynamic pivot point.

A continued rise toward the upper limit of $112,942 would confirm the potential for further upside — especially if accompanied by increasing trading volume.

However, a drop below $108,000 could trigger a short-term pullback toward the $103,000 area. If whales continue accumulating during minor dips, it could strengthen the likelihood of Bitcoin retesting the $120,000 level in the coming week.