$BTC Prospects and Important Levels
Main resistance: $112,400 (upper Bollinger Band and psychological area).
Dynamic support: EMA20 at $108,100 and EMA50 at $105,770.
Consolidation: If it fails to break the resistance, there is potential for a short-term correction towards the support area; if breakout occurs, there is potential for continued rally.
Conclusion
Bitcoin today is in a bullish phase with positive sentiment, supported by high volume and investor accumulation. However, the price is approaching important resistance, so volatility and potential short-term corrections should still be monitored.