$BTC If bitcoin maintains support above $111,000 and reclaims $112,000 with strong volume confirmation, the technical landscape favors a continuation of the uptrend. The alignment of bullish moving averages across all timeframes, combined with a potential breakout from consolidation, supports a bullish bias heading into the next sessions.
Should bitcoin fail to hold the $110,000 support level, especially with rising sell volume, a deeper retracement becomes increasingly likely. A confirmed breakdown could shift short-term sentiment bearish, exposing price to downside targets near $108,000 and possibly retesting the $105,000 psychological level.
