If bitcoin confirms a breakout above $105,000 with strong volume—especially completing the inverse head and shoulders on the hourly chart—momentum could shift in favor of buyers. Combined with long-term moving averages pointing upward and signs of accumulation at support, the groundwork for a bullish reversal appears to be forming. This would open the door for a retest of the $110,000–$112,000 range in the coming sessions.

$BTC