#BTCBreaks110K Analyst Outlook for This Week
Investopedia highlights a flag pattern breakout, with a bullish golden cross (50‑day MA crossing above 200‑day MA) pointing toward higher levels—key resistance is at $112 k, and a potential rally target sits around $137 k, while support lies near $107 k and then the psychological $100 k mark .
CryptoNews reports corporate demand from European firms (e.g., Evertz Pharma) + positive trade sentiment (Trump-China news) before U.S. inflation data this week. They see momentum aiming to retest or break past $112 k
Key Levels to Watch
Level Significance
$112 k Primary resistance—current ATH zone
$110 k Crucial breakout region; holding here supports bullish case
$107 k Short-term support (former resistance)
$100 k Major psychological and long-term trendline support
What It All Means
Most analysts are bullish short-to-mid term, expecting further upside if BTC stays above $110K and breaks $112K.
Institutional inflows, technical setup, and macro tailwinds (e.g., Fed easing signals) support this view.
However, a failure to hold support levels—especially below $107K—could lead to a dip into the $100K zone, offering a potential buying opportunity.