$BTC Many analyses indicate that the general structural trend of Bitcoin remains bullish on the weekly and daily timeframes, with a continuing upward structure.

However, there are also signals for a corrective movement or sideways range in the short to medium term.

Important points to watch:

Support and resistance levels:

Some analyses indicate a demand zone between $108,000 and $108,500, which may see a bullish bounce.

The nearby resistance level is 3382, and the price may reach 3408.

The highest recorded price is $112,000, which is an important level to monitor.

There is also a "Weak High" near $112,000 which is a candidate for targeting.