🚀 Bitcoin Gathers Strength Below $108K — Breakout Toward $115K on the Horizon
Bitcoin is quietly coiling for a potential breakout. After hovering around $107,000,
$BTC is showing signs of strength just below the key $108K resistance.
🔍 Analyst Outlook: Compression Before Expansion
Crypto analyst RLinda (via TradingView) highlights a compression pattern forming between $106,500 and $108,100. This tightening range often precedes explosive moves — and the next stop could be $115,000.
“This is a classic break-before-make structure. BTC is winding up for a major push,” says RLinda.
⚙️ Key Technical Zones:
Support: $106,500
Immediate Resistance: $108,100
Watch Next: $108,900 → $110,400 → $115,000
🧠 What’s Happening:
BTC is following macro markets like the S&P 500 and Nasdaq, which rebounded after geopolitical fears cooled.
A false breakout above $100K led to accumulation.
Now, daily candles show no signs of bearish reversal — only consolidation.
📉 Pullback Scenario?
A brief dip to $105,650 or $104,650 is possible, but likely just a retest — not a trend reversal.
📊 Current Stats:
Price: $107,457
24H Change: +0.5%
Breakout Trigger: $108,100
📌 If BTC clears $108.1K, a run toward $111K–$115K could unfold rapidly.
Stay ready. Compression = Pressure = Breakout.
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