$BTC Next Target !! Bitcoin

🧭 Key Levels & Analysis

Current Price Action:

BTC is hovering around $105,500, up ~0.5%, with a 24-hour range between $104.8K–$105.9K

Immediate Resistance:

107K–108K Vital short-term ceiling. Failing here may result in a pullback.

112K–112.5K The previous all-time high from May 22. A clean breakout could trigger the next leg higher.

Support Zones:

104K–105K: A key base-zone from recent action; holding this supports upside momentum .

100K Technically important—CoinShares notes this has shifted from resistance to potential support .

95K–99KA deep accumulation region on-chain; if price drops here, expect buying interest.

🎯 Price Targets

Short-Term Target (coming weeks):

Bullish breakout above 108K–110K could lead BTC toward 120K–125K.

Downside scenario:

A breakdown beneath $104K, especially below 100K, may accelerate a drop toward the 95K–98K area

📰 Market Sentiment & Macro Drivers

On‑chain accumulation remains strong (Glassnode score ~0.88), indicating steady investor demand .

Institutional inflows, especially via ETFs, are supportive, though some analysts caution about profit-taking near highs.

🗓️ Overall Outlook

Scenario Trigger Target

Bullish Break above 108K–110K with volume 120K–125K

Neutral Range-bound between 104K–108K Consolidation

Bearish Drop below 104K, then 100K 95K–98K.