๐ #Bitcoin Nears $110K โ Breakout or Fakeout? ๐จ
Bitcoin is trading around $108,500, just shy of the psychological $110,000 resistance! ๐ง
๐ Despite strong bullish momentum, BTC hasn't yet broken above $110K today. The market is watching closely โ a clean breakout above this level could trigger a push toward $111Kโ$112K, last seen in May 2025.
๐ What to Watch:
๐ธ Daily close above $110K = strong bullish signal
๐ธ Support zone: $107Kโ$106K
๐ธ ETF inflows & on-chain activity remain bullish
๐ก Many mid-tier wallets are accumulating, signaling strong hands building under the surface. Could this be the calm before a major breakout?
๐ฃ Stay sharp, HODLers. BTC is at a decision point. Breakout coming?