S&P500 Index is only 2.5% away from a new ATH
The American market is positive again.
If $BTC breaks $110K — the target of $114K becomes quite realistic.
BTC is following the old pattern: consolidation → breakout → new base.
For almost two months, the market has been moving along this pattern.
Right now we are back in the waiting zone:
$106K–$107K — key resistance
$112K — next target upon breakout
Conditions are ripe for a strong movement — but for now, caution is more important than excitement.