$BTC ✅ Bullish Trend
• The price reached around $110,738 after bouncing off support levels.
• The rise was driven by strong institutional news (massive investments from Trump and Michael Saylor).
• If the price breaks through nearby resistance (like $111,000 or higher), it could continue rising to the next target at $112,500 – $113,000.
• Indicators of buying strength in RSI and MACD (popular technical indicators).
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❌ Bearish Trend
• If the price fails to break $111,000, it could bounce back down.
• Current strong support is around $108,000, and if it breaks, we might see a quick drop towards $106,500 or $105,000.