๐ Bitcoin Uptrend Holds Firm โ Breakout Extension in Sight
$BTC Bitcoin is showing strong bullish momentum, trading above $107,500 and holding firm above its 100-hour SMA. Price action is forming a solid base for another push higher.
๐ Key Highlights:
BTC bounced above $107,500, testing resistance at $108,800
A bullish trend line is intact with support near $107,600
MACD is climbing, and RSI is comfortably above 50
๐ฎ Upside Targets:
Immediate resistance: $108,800
Key breakout point: $109,200
Next stop: $110,000, with room to push toward $112,000
โ ๏ธ Downside Risk:
Support levels: $107,800, then $107,200
Key trendline support: $107,500
If broken, BTC may revisit $106,500 or $105,500
With technicals leaning bullish and momentum building, a break above $109K could trigger a new leg upward.