🔥 #BTCBreaks110K — Is the Parabolic Phase Here?

Bitcoin ($BTC ) just cleared $110,000 for the second time in days — a pivotal breakout that could set the stage for the next bull wave .

📈 **What’s Driving This Surge?**

Technical Breakout: BTC pierced past its short-term range of $107K–$110K, triggering a cascade of short-liquidations (~$195M in short positions closed) .

Institutional Inflows: Continued demand from spot ETFs and whale-sized long positions signal growing confidence .

Macro Tailwinds & Trade Hopes: Improved sentiment on the US-China trade front is lifting global risk assets, including crypto .

📌 Key Levels in Focus

Support Zones: $108K–$109K now acts as strong intraday support; broader base remains at $105K–$107K.

Resistance Ahead: Next breakout target lies between $112K–$114K, with psychological ceiling at ~$115K–$118K .

🔮 Looking Forward

Analysts highlight two key scenarios: hold the breakout and rally to $120K–$150K, or face a retrace back to $107K for structure confirmation .

🛠 Trade Setup

Breakout Play: A clean daily close above $110K on volume could spark the next leg upward.

Risk Zones: Daily closes below $109K–$108K may invite a pullback toward $105K.

📉 Why It Matters Now

A sustainable breakout above $110K shifts the conversation from recovery to discovery — and prepares the market for parabolic upside ahead.

Are you riding the breakout, or waiting for a pullback entry?

#BTCBreaks110K #Bitcoin #CryptoMomentum #BinanceAlpha #CryptoStrategy #TradeSmart #MarketBreakout