$BTC Bitcoin (BTC) is currently hovering around $106,000–$107,000, showing signs of sideways consolidation. Today’s movement depends on whether it can hold support near $106K. If bulls maintain control and volume picks up, BTC could push toward $110,000–$114,000 as short-term targets. However, if price slips below $105,500, a retracement to $102,000–$100,000 is likely. RSI and MACD indicators suggest mild bearish pressure, but ETF inflows and institutional buying remain supportive. Smart play today: Watch the $106K level closely — if it holds, expect a bounce; if it breaks, expect further downside. No major breakout is expected unless BTC crosses $114,000 with strong volume.
📊 Key Levels Today:
Support: $105,500 → $102,000 → $100,000
Resistance: $110,000 → $114,000
Bias: Neutral to Mildly Bearish unless $106K holds strong.
