$BTC
1. Balance wave between 104k and 105k
Currently, Bitcoin is moving within a narrow range (~104,600–105,000 $). This "price pressure" indicates preparations for a major breakout soon – like a knife in a small box!
2. Support at ~103,100 $ – risk of retracement
According to FXStreet, if the price drops below 103,100 $ (the 50-day moving average), we might witness a quick correction – meaning we leave the boat before it sinks.
3. Highs at ~109–110 $ temporary bullish target
The next testing station is the resistance line at 109–110k$, with the likelihood of reaching it within days – and this will elevate Bitcoin to strong areas like 112k$ if it breaks through confidently.
4. **Is the economy raising the ceiling?**
The dollar continues to decline, especially if tariff policies in America persist. For this reason, Bitcoin may seize the opportunity and rise with the weakening dollar.