📉 BITCOIN EYES ‘HEALTHY PAUSE’ AROUND $106K BEFORE THE NEXT LEG UP 🚀
After a strong surge toward the $106,000 level, Bitcoin ($BTC ) appears to be entering a period of healthy consolidation — a much-needed pause that could act as a springboard for the next bullish wave.
📊 Market Overview
Bitcoin has climbed steadily over the past few days, supported by increasing institutional inflows and macroeconomic optimism. The $106K zone is acting as a short-term resistance, with buyers and sellers now battling for directional control. Despite the pause, the structure remains bullish, and indicators such as the RSI and MACD are still leaning toward continuation.
📈 What’s Next?
Analysts suggest this sideways action is a textbook consolidation before a potential breakout toward $110K and beyond. If BTC holds the $104K–$105K support range, the next impulse could ignite quickly. On the flip side, a dip below $103K may trigger a deeper retest of previous support zones.
🧠 Key Levels to Watch:
• Immediate Resistance: $106,800 – $108,200
• Support Zone: $104,000 – $105,000
• Breakout Target: $110,000+
Bitcoin is still in a strong uptrend, and this cooling-off phase may be the calm before the next market storm. Traders are advised to stay alert and watch for breakout confirmations.
🔔 Click "Bullish" if you expect BTC to reclaim momentum above $106K. Add your chart analysis to join the conversation!