#Bitcoin is once again rising above $105K, confirming the recovery of momentum. After dropping to $104,184 today, $BTC quickly rebounded and is currently trading above $105,000. The bullish sentiment is returning, and this push could mark the beginning of new growth towards historical highs.
Latest Situation:
Current Price: $105,148.90
24-Hour High: $106,853.27
24-Hour Low: $104,184.72
Volume (BTC): 22,875
Volume (USDT): $2.41B
On the 15-minute chart, strong green candles are visible, indicating increasing momentum. The bounce from the day's minimum level is not just a correction but a signal that bulls are ready to regain control.
Why is this important?
Such bounces near support levels often indicate the beginning of a new growth phase. If Bitcoin holds above $105K, a retest of $107.5K is possible, along with a potential breakthrough to new highs.
Next Targets:
- First: $106.8K (recent high)
- Next: $109K – $110K if momentum is maintained
Final Thought:
This movement once again proves that one should not underestimate BTC's ability to recover. The trend is changing, volume is increasing, and bulls are gaining strength. New records may be closer than they seem.
Monitor the market and seize opportunities!
