🚀 Bitcoin Hits New ATH: Bullish Momentum Building Above $109K
Bitcoin has bounced hard from $106.8K and is now trading above $109K, eyeing a breakout above key resistance at $111K–$111.8K. Consolidation is looking strong — is $115K next? 🧐
🟢 Broke bearish trend line at $107.8K
📊 Above 100-hour SMA
📈 RSI > 50 and MACD turning bullish
What’s Next?
🔼 Resistance: $110K → $111.8K → $113K → $115K
🔽 Support: $108K → $107.5K → $106.5K
If BTC clears $111.8K, expect a surge to $113K–$115K. Failure here may lead to a healthy retest of $107.5K support.
📈 Trend remains bullish unless price breaks below $106.5K zone.
Sentiment: 🟢 Bullish
Outlook: Next leg higher in play — breakout traders watching $111K closely
#Bitcoin2025 #BTC #cryptoupdate1 #PriceAction #BullishMomentum