Bitcoin is trading in a critical zone where buyers and sellers are battling for control. Despite recent volatility, the broader market structure remains constructive as long as key support levels continue to hold.



A sustained move above the recent resistance zone could trigger renewed bullish momentum, with upside targets around $113,000–$116,000. If buying volume accelerates, an extension toward $120,000 becomes increasingly likely.

On the downside, the first major support sits near $107,000. Losing that level could lead to a deeper correction toward $103,000–$104,000, where stronger demand may emerge.

Current technical signals:

* Momentum is neutral to slightly bullish.
* Volume is recovering but confirmation is still needed.
* RSI remains in a healthy range, leaving room for another upward move.
* Long-term trend continues to favor buyers unless major support breaks.

Trading Outlook:
The trend remains bullish while BTC holds above $107K. A confirmed breakout above resistance could open the door to new all-time highs, while a rejection may result in a short-term pullback before the next directional move.
#CirclePlunges17% $BTC
BTC4.49%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned