Bitcoin (BTC) is trading around $108,927 today, showing signs of short-term consolidation between $108K–$109K. Momentum leans slightly bullish, with minor resistance at $109,073 and major resistance at $110K–$112K.
A breakout above these levels could trigger a rally. RSI is nearing overbought, so a pullback to $108K is possible.
Strong ETF inflows and macro uncertainty (like Trump tariffs) continue to support BTC as a hedge. If BTC stays above $108K, bulls may attempt another push higher.
A dip below that level may lead to a retest of $105K. The overall trend remains cautiously bullish.