$BTC 1H Chart Range Game Before a Breakout 🔄

We’re consolidating in a clear parallel channel between 107K–109K.

Price just bounced off the 107K support, now targeting the mid-range near 108.4K.

Potential Breakout Scenario:

✅ If bulls reclaim 108.4K, momentum could carry price up toward the channel top at 109.6K

✅ A decisive break above 109.6K could trigger a fast move toward 110K 🔥

🧩 But remember it’s still a range until proven otherwise. Great for scalps and short-term trades, but only trade a true breakout for higher confidence.

Key Levels:

🟩 Support: 107K

🟥 Resistance: 109.6K

⚠️ Watch for fakeouts manage risk carefully with tight stops inside this channel.