Alright, fam, checking in on $BTC .
Looks like we've had a decent move up here. Pushing into the $111,000s, definitely catching some bids.
That $109,229 area held up as good support, and we've seen a clear breakout from that consolidation around $109,200 to $110,000.
Volume looks pretty healthy on this leg up, confirming the move.
Now, we're seeing a bit of resistance around this $111,259 zone. A strong break and hold above that could see us target the next psychological level, maybe $112,000 or even higher if momentum continues.
On the flip side, if we can't sustain this level, a retest of $110,239 or even back to $109,229 wouldn't be surprising for a healthy retrace. Keep an eye on that volume as well – declining volume on a pullback could signal a healthy consolidation before the next leg up.
Stay nimble out there.