#BTCReclaims110K

📈 Today's Possible Movement Angles

🔹 Technical Insights

Resistance Level: Bulls are facing challenges in the $110,000–$110,500 range today; a breakout above this zone could open the way for a 25% increase, as Ed Campbell from Rosenberg Research suggested that the next resistance level is $114,000–$113,200.

Support Zone: Immediate trend line support is at $109,500, followed by $108,800 and significant long-term support at $107,850 at the 50% Fibonacci retracement.

Short-Term Signals: There is repeated rejection in the $108,000–$110,000 zone on the 4-hour chart, and a possible pullback is expected due to bearish divergence.