BTC Price Analysis: Support and Resistance

$Bitcoin is trading around $111,200 after a strong rally. Weekly charts show the price consolidating near the upper Bollinger Band, signaling strength but also hinting at upcoming volatility.

The RSI sits near 56, suggesting room for further gains before overbought levels are reached. Meanwhile, the $MACD remains in positive territory, though momentum appears to be slowing.

If Bitcoin can hold the $108,000–$110,000 support range, the next resistance sits between $120,000 and $126,000. A breakout above this level could open the path toward $135,000 or higher, making it one of the best crypto to buy in 2025.

On the downside, a pullback toward $90,000–$95,000 would not necessarily invalidate the broader bullish structure but would likely test investor conviction.