Hello everyone!
#BTC☀
Finally, after 8 days of consolidation #bitcoin has shattered the $107,000 resistance and reignited bullish momentum. With a potential push towards $110,000 the market buzzes with speculation about an imminent all time high(ATH).
Key Highlights:
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Current Price: $107,075.17
24H High: $107,184.68
24H Low: $104,800.98
24H Volume: 12,041 BTC (~$1.28B USDT)
Breaking Down the Move In Nutshell
Has overcome Major Resistance
The $107,000 level was a strong barrier. Its breach renewed confidence among buyers.Increasing Trading Volume
Robust volume backs the breakout, underscoring strong market interest.Bullish Price Action
Higher lows and a sustained upward structure strengthens the case for continued gains.
Why This Breakout Matters????
AS $107K Resistance Zone has been Cleared which was a critical hurdle in Bitcoin’s climb toward new highs.
Path to $110,000 now open.
New ATH in Sight:
A clean breakout above $110K could lead to uncharted territory, with the next psychological milestone within reach.
Support & Resistance Levels
Support:
$105,650
$103,600
Resistance:
$107,600
$110,000
What's tour take on this guys? feel free to comment and provide your valuable insights on this.
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