$BTC Bitcoin is maintaining a constructive tone, consolidating above the key support band between 107,500 and 106,500. The broader market structure continues to favor the bulls, supported by steady higher-lows formation and firm price acceptance above the 110,000 handle.

A sustained move beyond 110,500 is likely to reinforce bullish momentum, opening the path toward the 116,000 resistance zone in the sessions ahead. Momentum readings suggest renewed accumulation interest, while market sentiment remains optimistic.

Key points:

Current price: 110000

Target level : 116000

Support area : 107500/106500

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