$BTC

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📌 Price & Market Position

• Current price: $108,680

• Today’s range: $107,590–$108,930  

• Market cap: approximately $2.16 trillion, making BTC the #1 cryptocurrency 

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🔍 Technical Outlook

• BTC is trading in a tight range near $108k–110k. Analysts note this critical zone as a decision point, with a possible breakout or pullback depending on momentum ().

• A bullish scenario suggests a breakout through $110k–$114k, targeting $114k–$120k in the short term .

• Conversely, weakness could lead to a correction toward $104k or lower ().

• Elliott Wave analysis points to BTC being in a wave 3 uptrend, with potential to reach $123k before pullback risks emerge near $107,240, which would invalidate this pattern .