$BTC is pushing into multi-year highs around $110K (currently ~$109,800).
On the 4H chart, price is near the all-time high of $112K (May 22, 2025) .The pair remains above key moving averages (50-day EMA ~$105.8K),signaling a bullish trend.
RSI is in the 60s and the MACD histogram is positive, suggesting momentum can continue. Immediate resistance lies at $111–$112K, with support around $108K–$105K. BTC has gained ~15% this month, underlining bullish strength.
A breakout above $112K could open the $115–$120K zone, while a drop under ~$105K may test ~$100K. The bullish bias holds as long as BTC stays above its EMAs.
