#BTC110KSoon? 📊 Will Bitcoin hold above 108,000? A look at the next 48 hours $BTC
Bitcoin is currently trading around a very sensitive level:
104,000–107,000$ — very close to a historical ceiling, and everyone is waiting for the moment of explosion or the moment of breakdown #.
🔍 Why is this number important?
Old resistance: Recently broken, and if it turns into support, we might see a surge to 120K.
Momentum indicators (RSI & MACD) are still in safe zones supporting the continuation of the upward trend.
📉 Breaking 108K?
Nearest current support: 103K–104K
Any break below 100K could trigger a short selling wave
📈 If it holds and breaks 112K?
The next target according to some analysts' analyses:
120K then 138K during this current summer
