$BTC Why might the price return to $110,000?

1. Current support is strong: The price bounce from around $102,600 indicates strong demand.

2. Technical indicators (RSI and MACD) show signs of overselling and potential reversal.

3. Price waves suggest that what is happening could be a correction within a larger uptrend.

4. The market is waiting for a catalyst (economic news, institutional support, or liquidity injection), which could quickly push BTC towards 108K–110K.

❌ But there are obstacles:

The psychological resistance at $105,000.

The level of $107,500–108,000 has previously proven difficult to break.

Continued selling pressure or a failure to rebound this week may drag BTC to test $98,000–100,000 first.

🔁 The most likely scenario:

If the price holds at $103,000 and does not break $102,000, a rise to $107K–110K in the next two weeks is very likely.

However, any clear break below $101,500 may delay this return and bring us back to lower levels.