#BTCpredictions

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The BTC 1-hour chart shows a breakout from a tight consolidation zone near the mid-range level of $107,803. After the breakout, the price quickly moved into a key resistance area between $109,700–$110,100, where it faced rejection.

This rejection indicates a possible fake breakout or liquidity grab, as price failed to hold above the resistance zone and is now retracing. Currently, BTC is trading just above the mid-range, which is acting as support.

If BTC holds above $107,800 and reclaims strength, a second attempt toward the resistance zone may follow, with a breakout above $110,100 opening the path toward the Range High at $110,529. However, if price breaks back below the mid-range, a move toward the Range Low at $105,100 becomes likely.