Crypto:
36638
Bitcoin:
$91.287
% 1.79
BTC Dominance:
%58.6
% 0.05
Market Cap:
$3.11 T
% 1.94
Fear & Greed:
28 / 100
Bitcoin:
$ 91.287
BTC Dominance:
% 58.6
Market Cap:
$3.11 T

Bitcoin Approaches New High: Will the Rally Continue?

bitcoin

As global financial markets remain volatile, the crypto sector is once again drawing intense attention. Recent movements, especially in Bitcoin, have brought key resistance levels into play. With this momentum, traders are questioning whether the rally has more room to grow.

106K Target Hit After Bullish Breakout

In our previous analysis, it was noted that if Bitcoin broke through the 102,961 – 101,984 USD resistance zone, a target of 105,000 USD would be next. The breakout occurred with strong buying pressure, pushing BTC up to the 106,000 USD level — surpassing the forecasted target and validating the setup.


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The current focus shifts to the next resistance range between 106,622 and 105,725 USD. If Bitcoin manages to break above this zone with volume support, the path toward 110,000 USD becomes highly likely. Sustained momentum will be critical to keep the uptrend intact.

Key Support Levels on the Downside

In the event of a pullback, the nearest strong support remains the 102,961 – 101,984 USD range. As long as BTC holds above this level, the bullish bias remains valid in the short term.

Bitcoin
BTC/USDT pair 4-hour chart.

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