$BTC
1. Balance Wave between 104k and 105k
Currently, Bitcoin is moving within a narrow range (~104,600–105,000 $). This "price pressure" indicates preparations for a major breakout soon – like a knife in a small box!
2. Support at ~103,100 $ – risk of a pullback
According to FXStreet, if the price drops below 103,100 $ (the 50-day moving average), we may witness a quick correction – meaning we should leave the boat before it sinks.
3. Highs at ~109–110 $ temporary bullish target
The next testing station is the resistance line at 109–110k$, with the possibility of reaching it within days – this could push Bitcoin into strong areas like 112k$ if it breaks it confidently.
4. **Is the economy raising the ceiling?**
The dollar continues to decline, especially if tariff policies in America persist. Therefore, Bitcoin may take advantage of the opportunity and rise with the weakening dollar.
