$BTC / USDT – Momentum Watch: Bulls Targeting $112K Breakout!
Current Price: $110,587.39 (+3.41%)
#Bitcoin is gaining traction, rebounding strongly off the $106K support and now approaching the critical $112K resistance. With rising volume and a bullish MACD crossover, $BTC is picking up steam—potentially setting the pace for the broader market.
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Bullish Trade Setup:
Entry Zone: $109,200 – $110,700
Targets:
• Target 1: $112,000
• Target 2: $114,600
Stop Loss: $106,000
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Market Insight:
BTC is testing overhead resistance. A decisive break above $111.3K, supported by strong volume on the 4H chart, could pave the way for a quick push toward $114.6K. Watch for volume spikes and solid candle closes.
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Pro Tip:
Avoid FOMO—wait for confirmation! A strong 4H close above $111.3K could trigger the next leg up. Use disciplined stop-losses and take profits gradually as each target is hit.
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Is Bitcoin primed for a fresh leg higher or facing resistance fatigue?
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Start trading $BTC now
Current Price: $111,750 (+4.4%)
