Crypto:
36638
Bitcoin:
$91.932
% 1.55
BTC Dominance:
%58.7
% 0.02
Market Cap:
$3.13 T
% 1.20
Fear & Greed:
28 / 100
Bitcoin:
$ 91.932
BTC Dominance:
% 58.7
Market Cap:
$3.13 T

Bitcoin Near Resistance: Will The Rally Begin?

Bitcoin

The crypto market is once again heating up, and Bitcoin stands at the center of attention. After losing a key bullish FVG zone, the price retreated all the way to the 106,506 dollar support level, where buyers stepped in strongly. The resulting rebound has now pushed the asset back to a crucial resistance zone between 107,972 and 108,725 dollars.

Can Bitcoin Break Through Resistance?

This area has previously served as a pivotal turning point, where price action reversed direction. Unless Bitcoin closes convincingly above 108,725 dollars, there remains a tangible risk of another pullback toward the 106,506 dollar support.


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With trading volume on the rise, a breakout above this resistance range could trigger a renewed rally. However, if momentum weakens, the market may see renewed downward pressure and a continuation of the range-bound movement.

Eyes On 110,000 And Beyond

Should the resistance give way, short-term targets between 110,800 and 112,300 dollars may come into play. Still, this scenario requires strong bullish volume and minimal profit-taking pressure.

Bitcoin
BTC/USDT pair 4-hour chart.

Investors are closely watching how the price reacts to this zone. Confirmation through closing levels will be key to anticipating the next major move.


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