$BTC Bitcoin Rebounds to $107K – Calm Before the Next Explosion?

Bitcoin has bounced sharply from $98,385 to $107,000, showing strong buyer interest after a brief dip. Now trading in a tight $106K–$107K range, the market hints at a potential breakout.

Key Highlights:

• Support Zone: $104K–$105K

• Resistance Ahead: $108.6K–$109K

• Breakout Target: $115K if $109K is cleared

• Leverage Watch: Long/short ratio at 36.5:1 signals heavy bullish bets

MACD & RSI are tilting neutral-bullish, while the Bollinger Bands point to a volatility squeeze that could snap any moment.

Institutions like BlackRock are still buying, and ETF developments in South Korea add fuel to the bullish fire. But declining miner profitability and rising regulatory heat raise caution flags.

🚨 Caution: Overleveraged longs may trigger short-term rejection.

The crypto crowd is split—some scream “Long!” at $107K, others warn against chasing green candles. Eyes now on $109K… Break or fake?