Bitcoin (BTC) is currently consolidating near its all-time highs, trading around $108,000 to $109,000. The general sentiment remains bullish, with strong institutional inflows and Bitcoin dominance rising.

For a short-term trade setup, resistance is notable around $110,000-$111,000. A decisive breakout above this could push BTC towards $115,000 and potentially higher. Key support levels are identified around $106,000-$107,000. The RSI suggests bullish momentum but is flattening, indicating a potential pause or consolidation. Watch for sustained volume on any breakout or breakdown for confirmation.$BTC