$BTC – Correction and breakout on the horizon? 🚀

#BTC #Bitcoin #BinanceSquare

📍 Current price: $108,707 (+3.4%)

📈 Intraday range: $105,091 – $108,801

🧠 Quick analysis:

– Bitcoin rebounds after a drop related to geopolitical tensions, now above $106k and forming an ascending triangle: classic bullish pattern.

– Immediate resistance is around $108–110k: a breakout here would strengthen the rally, with a new test of **$112k**.

– Key support is at $106–106.5k; if lost, we could see a pullback to $105k, a soft zone or a return to $100k if the markets reverse.

🎯 Suggested strategy:

✅ Consider an entry above $108,800, targeting $110k–$112k

📉 Scalping in the $106.5–$108.5k zone to take advantage of the current compression

🛑 Tight stop below $106k, breakout point of the triangle

💬 Over to you: are you ready to play the breakout or do you prefer to secure your gains in the range? 👇