#BTC110KToday? $BTC BTC is trading around $107,766—up roughly 2.3% intraday, with a high near $108,129 and a low around $105,464.
📈 Is $110K in reach today?
Bitcoin recently surpassed $106K and has been climbing steadily toward $110K .
On June 25, it spiked to about $108,200 on strong volume, reclaiming key support .
Market analysts highlight $110K as a major resistance level—it was last tested in early June and faces selling pressure around there .
For BTC to reach $110K, a breakout above $108–109K is needed, ideally supported by continued volume and bullish indicators.
1. Technical indicators
The MAC.D is nearing a bullish crossover, which often precedes upward momentum .
2. Reduced selling pressure
Exchange net flows remain low, indicating strong HODLer demand .
3. Institutional interest
Renewed ETFf inflows and positive macro factors might further fuel the rally .
⚠️ Headwinds to watch
Profit-taking near $110K has caused pullbacks before .
A reversal below $106K would undermine the bullish case and could trigger a correction .
BTC is near-term bullish, currently at ~$107,800.
A push to $110K is plausible if momentum carries and resistance is overcome.
But it hasn't hit $110K yet today, and whether it does depends on volume and market sentiment over the next few hours.
Alerts for when BTC crosses $110K!
