#BTCBreaks110K
$BTC /USDT FACING HEAVY RESISTANCE NEAR
$111K - BREAKOUT DELAYED BUT NOT DENIED
#Bitcoin is struggling to break above the key $111,000 resistance zone, facing repeated rejections over the last few sessions. After tapping a 24h high of $110,400, price has pulled back slightly to $108,459, down -0.41% on the day.
Market Snapshot:
Current Price: $108,459.32
24h High: $110,400.00
24h Low: $108,412.01
Volume: 14,127.96 BTC / $1.55B USDT
Chart Insight:
$BTC has been rejected 5-6 times near the $110,800-$111,000 zone.
Despite the pullbacks, the bullish structure is still intact.
The price remains above key support at $107,800-$108,000, where buyers have been stepping in.
What's Next?
If Bitcoin can break and hold above $111,000, it could trigger a fresh wave toward $114,000 and new ATH levels. Until then, this resistance level remains a major hurdle for bulls.
Traders should watch for:
A clean breakout with volume above $111K
Or a potential retest back toward $107K-$106.5K for a better long entry
Conclusion:
Buyers are clearly trying to take control, but the market is waiting for confirmation.
This isn't weakness — it's consolidation before a possible bigger move.
Patience here could lead to the next major breakout.
Buy and Trade here on $BTC
BTCUSDT
108,637.8
-0.97%
* BC/USDT •
Price Info Trading Data Square
