BTC is trading just above $105.5k. It has recently bounced between $100k–$106k, with noticeable support at $100k–$103k and resistance around $106k–$108k .
Key Technical Levels:
Support: $100k – failure below could see prices dip toward $92k–$95k .
Resistance: $107k–$108k is the immediate ceiling; breakout above could propel BTC to $110k–$112k and potentially $120k+ later .
What to Monitor Right Now
1. $106k–$108k Resistance – A breakout (with good volume) hints at more upside.
2. $100k Support / 50‑Day SMA (~$100k) – Losing this could shift the trend downward.
3. Volume & OBV – Rising volume and sustained OBV support strengthens the pump thesis.
4. Macro Signals – Fed commentary, equity markets, and geopolitical headlines can move BTC sharply.