🚀 Bitcoin has smashed through the $110K mark, reaching a new local high near $111,750 before consolidating around $111,100.

📊 Technical Breakdown

• RSI (1H): 61 — bullish momentum building

• MACD: Confirmed bullish crossover

• EMA20/50 (1H): Price holding above both — trend intact

• Bollinger Bands: Expanding — confirming volatility breakout

📌 Key Levels

• Support: $110,000 – breakout retest zone

• Resistance: $112,000 short-term, $115,000 medium-term

🎯 Strategy Setup

• Entry: $110,600 on pullback

• Take Profit: $114,800

• Stop Loss: $108,500

High reward setup for continuation traders. Volume confirms strength. Whales are still buying dips aggressively.

$BTC