$BTC According to cryptocurrency trading expert Michaël van de Poppe, Bitcoin is approaching a critical resistance zone near $110,500, which should be viewed as ‘the area that we need to break to have upwards momentum,’” he said in an X post on June 28.
The analysis suggested that a move above $110,500 could lead to a rapid surge toward record levels.
Notably, the previous breakout above $106,500 pushed the price to $108,000, showing how quickly Bitcoin can move once key liquidity levels are breached.
