The bulls are going head-to-head! Holding at 106K could be the starting point for the next surge?
Don't be fooled by the boring sideways movement! Bitcoin $BTC has made a beautiful 'technical confirmation' at this critical point of 106,200—this is not just a resistance zone, but also a touchstone for the bulls.
Current situation brief analysis:
Is 106,200 confirming resistance? Wrong, it’s a 'reversal pivot'!
Buying power has directly turned this position into a new springboard, stabilizing the chips, indicating that market control is still in the hands of the captain.
The overall trend is positive, especially in terms of local rhythm.
The buying power is decisive, not giving the bears any breathing space.
If it can firmly stand above 106K, the short to mid-term target points directly to:
108K - 110K area.
This is not wishful thinking, it's a natural progression driven by rhythm.
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