#BTC110KToday?
Are We On Track?
Bitcoin is currently trading around $107,344, staying firm in the $107K–$110K zone after a breakout above the key $107K resistance .
Why $110K Matters
Technical Setup: BTC broke above a major trendline and reclaimed its 50/200 EMA crossover classic bull flag conditions .
MVRV Momentum: On chain metrics show weakening MVRV, signaling this could be the final rally toward a new high above $110K .
Institutional Inflow & Macro Boost: Continued ETF inflows and hopeful Fed rate cut expectations are fueling demand .
Key Levels to Keep an Eye On
Level Why It Matters
$107K–$107.7K Must hold this support zone to maintain bullish structure
$109K–$110K Target zone clearing this could ignite the next upswing
$112K+ A clean breakout would shift BTC into full price-discovery mode
My Takes
Bitcoin is inching closer to $110K with healthy volume and structural support. If we hold $107K–$107.7K, there’s a clear path to a rally above $110K, possibly toward $112K–$115K. Just watch that support losing it could lead to a retrace back to $105K.
Bottom Line
$110K feels within reach especially if volume picks up and ETF flows keep coming. Keep an eye on $107K support and $110K resistance for your next entry points.