#BITCOIN COILING TIGHT — $110K BREAKOUT OR BULL TRAP?

$BTC is consolidating above $108,000 with bullish momentum intact, trading in a short-term ascending channel. A clean break above $110,500 could spark a move toward $112K–$113.2K.

🔹 Currently holding above $109,500 support

🔹 MACD turning weak but still in positive zone

🔹 RSI remains above 50 — bulls still have fuel

📈 Upside Targets:

$110,500 (key breakout)

$112,000

$113,200

📉 Downside Risks:

$108,800 support

$107,850 Fib level

$106,400 zone if breakdown deepens

Market Outlook: $BTC is building pressure. A decisive move above $110,500 could reignite a bullish wave — but failure there may invite sharp pullbacks.

#BTCReclaims110K #BitcoinUpdate #CryptoOutlook #BinanceTrend