BTC is up about +0.8% today, trading around $108,200, as momentum builds in the market . With the all-time high near $112,000, bulls are watching closely—will $110K be the next milestone?
Market snapshot:
• Current level: ~$108.2K
• Daily gain: +0.8%
• Volume: robust, typical of bullish moves
🔍 Technical insight :
A weekly close above $109K could trigger a run toward $112K.
Support zone sits solidly around $105K.
Indicators like RSI are neutral, while volume trends lean bullish.
❓ Community question :
Will #Bitcoin break through $110K and test ATH, or is a short-term pullback more likely? Drop your thoughts and strategies below! 👇
#BTC/USDT | Double Bottom — Neckline in Play at 110,250 💥
"Structure first. Breakout second. Profit last."
"Bullish structures don’t shout, they build."
Let’s build with them. 🔨📈
Bitcoin is currently forming a clean double bottom on the 4H chart, and is testing the neckline at 110,250 USDT (see chart 👇). This level has acted as clear resistance multiple times.
Until we see a confirmed 4H candle close above 110,300 with strong volume, the breakout is not validated — but momentum is building.
Pattern: Double Bottom (in progress — not yet confirmed)
👌 Neckline: 110,250 USDT (rejection zone tagged several times)
Breakout Zone: 110,300–110,600 (candle close + volume surge)
Measured Move Target: +7% to +9% from breakout
🎯 Targets (only if breakout is confirmed):
TP1 = 113,000 / TP2 = 117,800
TP3 = 121,000 (extension target)
❌ Invalidation:
Clean 4H candle close below 107,800 with volume = bearish invalidation
Would shift structure from bullish to neutral/range
Trading Plan (Not Financial Advice):
ENTRY: After confirmed 4H close above 110,300
STOP: Below 107,800
Key Reminder:
No confirmation = no trade. Let price lead. Let volume confirm.