#BTCBreaks110K
Crypto Daily - Bitcoin (BTC) is managing
A slight resistance at $109,600 is keeping the price at bay for the time being, but with U.S. CPI data just about to be released, if positive, a surge to $112,000 has the potential to take place quite quickly.
If the data comes in negative, a dip could occur which might bring $BTC back to around $107,000, with $106,000 a strong support level just below this.