$BTC

Bitcoin is currently trading around $107,900, showing slight bullish momentum after a rebound driven by easing geopolitical tensions and expectations of upcoming U.S. Fed rate cuts. Key support lies at $105K, while resistance is between $107K–108K. A breakout above this range could push BTC toward $110K–112K, especially if backed by strong volume. Technically, the market is showing signs of consolidation, with narrowing Bollinger Bands and a flattening MACD histogram suggesting an imminent breakout. However, if BTC faces rejection at resistance, it could fall back toward $102.8K. The sentiment remains slightly bullish, supported by macroeconomic trends and institutional interest. Traders should watch volume and price action around the $107K–108K zone closely to decide on long or short positions. A breakout signals a buy; a rejection signals short-term selling pressure. Geopolitical and economic developments remain key external factors to monitor for near-term price direction.