Bitcoin Technical & Market Snapshot:
• Critical short-term zone: Holding above $107K could pave the way back to $110–112K; a breach below may test $105K–100K.
• Structural tailwinds: Institutional treasury demand and limited supply on exchanges suggest medium-to-long-term bullish potential, even amid volatility. Watch how $107–112K plays out.
Analyst & Technical Insights👇
Support and Resistance Levels (Based on Barchart data):
First Support (S1): ~$107,261
Second Support (S2): ~$104,718
Third Support (S3): ~$99,779
First Resistance (R1): ~$114,744
Second Resistance (R2): ~$119,683
Third Resistance (R3): ~$122,227
