$BTC analyzing BTC in a short-term outlook, for the asset's trend we observe a maintained bullish structure, with consolidation between 107,000 dollars and 110,500 dollars.
Breaking the range of 110,500 dollars could accelerate the rise to 115,000 dollars–123,000 still this month. However, losing the level of 107,000 dollars may trigger liquidations and seek support at 105,200 dollars and 102,265 dollars. The sentiment is one of cautious optimism, supported by solid fundamentals and institutional flow, but with attention to possible profit-taking and macroeconomic events. For those looking to position themselves, corrections down to 107,000 dollars may be good points for new entries.