Bitcoin ($BTC) remains resilient, trading around $107,000 despite choppy global markets. A recent rebound above the $106K–$107K zone comes after a consolidation phase between $104K and $105K, signaling renewed bullish pressure . On‑chain activity shows large whales moving roughly $117.8 million in BTC, suggesting institutional accumulation while spot volumes on Binance hit 1.2 million BTC in 24 hours .

Analysts anticipate a potential breakout toward $108K–$110K, with upside pathing to $120K on sustained momentum—AltcoinGordon’s forecast has generated buzz across trading communities . Meanwhile, tightening Bollinger Bands and a bullish shift in Fibonacci levels reinforce short‑term upside. Watch key levels: support holds at $104K–$105K, resistance sits at $108K–$110K. With macro‑economic events like the FOMC meeting unfolding later this week, $BTC could see heightened volatility and fresh breakout attempts. It’s an electrifying moment for traders and hodlers alike.