#BTCReclaims110K
$BTC BTC recently broke through the key resistance at 109,000 USD, and now faces a new level at 110,000–112,000 USD financemagnates.com+15fxstreet.es+15beincrypto.com+15.
Reaching and surpassing 110–114,000 USD could open the door to a rally of up to +25% towards 143,000 USD, according to analysts businessinsider.com.
Chart Interpretation
The price has broken above the downward line, consolidating between 109,000–110,000 USD, which suggests a positive technical momentum environment fxstreet.es.
Indicators such as RSI (≈53–56) and Bollinger Bands contraction profile a turning point, with the possible next range of 110,000–114,000 USD.
In summary, the technical and macroeconomic scenario is favorable, with Bitcoin showing signs of solid bullish breakout. However, consolidation is still needed to confirm the trend.
