🔍 Bitcoin (BTC) Analysis – Calm Before the Next Surge? 💰

🪙 Bitcoin continues to hover near the $110,255 mark, showing slight upward movement with a +0.17% gain over the past 24 hours. Traders remain cautious as BTC consolidates after recent volatility.

📰 Market Data & News

Current Price: $110,255.20

24h Change: +0.17%

📈 Technical Analysis

- Short-term trend: Sideways with mild bullish undertones

- Support: $108,500

- Resistance: $112,300

- Pattern: Consolidation zone with potential breakout setup

- Volume: Slight uptick, but not yet confirming momentum

- RSI: Hovering near 52, indicating neutral strength

- Moving Averages: 50MA and 200MA converging, signaling indecision

- Short-term outlook: Neutral with bullish bias if breakout confirms

🔄 Scenario Breakdown

- Bullish Case: A clean break above $112,300 with volume could trigger a rally toward $115,800

- Bearish Case: Failure to hold $108,500 may lead to a drop toward $105,200

- TP: $115,800

- SL: $107,800

📊 Sentiment Meter

📊 Neutral – Range-bound, no clear direction

⚠️ Risk Level

🟡 Medium – Some signals align, but confirmation needed

Will BTC finally break above $112K or is another dip brewing? Share your thoughts below 👇

⚠️ Disclaimer: This is for educational purposes only and is not financial advice.

❤️ $BTC