$BTC 📊 Technical summary – mixed signals but leaning bullish
Main indicators
TradingView shows a general signal of Strong Buy, based on bullish moving averages and a positive bias in oscillators.
TipRanks displays buy signals in most moving averages (MA5, MA10, MA20, MA50, MA100, and MA200), although it shows neutral or sell signals in some key oscillators like RSI and MACD.
Key levels and breakout potential
The critical resistance is located between $108,000–$110,000 USD, where BTC has faced selling pressure.
A weekly close above $109,000–110,000 could trigger a bullish breakout towards new highs, potentially exceeding the previous all-time high of ~112k.
If it consolidates or breaks upwards, the next targets are at $115,000, then $120–122k and eventually $135k+, according to Mondfx analysis.
Alternative scenarios: possible supports
If BTC fails to break the resistance, it could retrace to support levels at $107,000–105,000, according to analysis from FxPro and Likerebateforex.
A break below $105k with volume would be a signal of a deeper correction.