Bitcoin's current price is $108,552.65, with a recent trend showing consolidation below the $110,000 barrier. Momentum indicators suggest signs of exhaustion, with strong resistance at $110,500 and short-term supports at $107,200. Analysts predict a breakout beyond $110,600 or a break below $107,000 could define the next directional move.
*Key Price Points:*
- *Resistance 1:* $108,800 (supply zone ceiling)
- *Resistance 2:* $110,500 (triangle breakout target)
- *Support 1:* $107,000 (trendline + structure base)
- *Support 2:* $106,200 (lower liquidity pocket)
Some analysts also predict Bitcoin could peak in summer 2025, based on the 52-week simple moving average touching the middle band of the logarithmic growth curve. $BTC