$BTC
✅ Why might the price return to $110,000?
1. Current support is strong: the price bounce
from around $102,600 indicates strong
demand.
2. Technical indicators (RSI and MACD) show
signs of overselling and potential reversal.
3. Price waves suggest that what is
happening could be a correction within a
larger upward trend.
4. The market is waiting for a catalyst
(economic news, institutional support, or
liquidity injection), which could quickly push
BTC toward $108K–$110K.
❌ However, there are obstacles:
The psychological resistance at $105,000.
The level of $107,500–$108,000 has
previously proven difficult to break through.
Continued selling pressure or failure to
bounce back this week could drag BTC to
test $98,000–$100,000 first.
🔁 The most likely scenario:
If the price holds at $103,000 and does not
break below $102,000, a rise to
$107K–$110K within the next two weeks is
very likely.
But any clear break below $101,500 may
delay this return and bring us back to lower
levels.