#BTC110KSoon?
Several sources suggest Bitcoin could reach $110,000 soon .
Factors Favoring an Increase:
• Market Predictions: Polymarket estimates a 69% probability that Bitcoin will reach $110,000 .
• Technical Analysis: If Bitcoin breaks $110,000, it could surge towards $115,000 .
• Expert Opinions: Some analysts predict Bitcoin is likely to trade at least $105,000 by the end of June 2025 and potentially break higher .
• Technical Indicators: Bitcoin is expected to trade between $104,000 and $110,000, with a potential breakout toward $112,000 if buyers push above $108,000 .
• Current Price: Bitcoin has already climbed above $110,000 recently . It is currently trading at $109,493.91 .
• Short term forecast: The most likely scenario in the short term is a preliminary price growth to the range of $110,000-$110,700.
Key Levels to Watch:
• Resistance: $110,000 .
• Support: $105,000 .
Real Time Price:
• Bitcoin is currently trading at $109,493.91