Bitcoin over $106k — Will there be another upward wave?

Bitcoin has surpassed the $106,000 mark, showing a strong upward trend recently.

🔍 Technical signals:

• Currently testing the support area around the 50-day/100-day MA.

• RSI and volume have not peaked — more momentum is needed.

🔥 Supporting news:

• ETFs continue to attract capital — many predictions target around $120k–$125k.

• The Fed may lower interest rates, supporting market growth.

✅ Strategy suggestion:

• If Bitcoin holds above $106k and continues to successfully retest, a light buying position could be entered.

• If approaching a crucial support break (50/100 MA), avoid the mistake of “buying the peak” and wait for the next opportunity.

👉 Do you think Bitcoin will conquer $120k, or will it adjust back to $100k? Comment below!

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