$BTC 🚀 Bitcoin Holds $107K Support Amid Market Volatility – What’s Next? 🚀

The BTC/USDT pair is trading at $107,224.33 (-0.59% in 24H), testing key support levels after a volatile week that saw prices swing between $104,300 and $111,980 10. Here’s what traders need to know:

🔥 Key Drivers:

1️⃣ Technical Resilience: BTC’s monthly performance remains +0.99%, with a golden cross (50DMA > 200DMA) signaling bullish momentum.

2️⃣ Institutional Demand: Despite short-term dips, Bitcoin’s 61.89% yearly gain reflects strong long-term accumulation.

3️⃣ Market Sentiment: RSI at neutral (54), but oscillators suggest a potential rebound if $107K holds.

📊 Critical Levels:

- Support: $107,000 (psychological level) – break below could target $104,300.

- Resistance: $111,980 (May ATH) – reclaiming this may trigger FOMO buying.

💡 Pro Tip: Watch for a volume surge above $108K to confirm bullish continuation.

Did You Know? BTC’s 24H volatility sits at 2.17% – lower than typical altcoin swings.

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