Right now, Bitcoin ($BTC ) is trading around $108,378 and showing a clear consolidation pattern on the short-term chart. After a sharp move between $107,281 (24h low) and $108,911 (24h high), price action is now ranging sideways.
This is a crucial moment — periods of consolidation often signal that a big move is coming. Traders should: • 🟢 Watch the support near $108,000 – $107,800. • 🔴 Keep an eye on resistance at $109,200 – $109,500.
If $BTC breaks above resistance, we could see strong bullish momentum in the next sessions. On the flip side, losing support may trigger a deeper pullback toward the $107K zone.
In times like this, patience is your best strategy. Don’t rush into trades — instead, observe the breakout direction and be ready to act when the move confirms.
Consolidation is not the end of the move — it’s the calm before the storm. 🚀
BTCUSDT (1H) – Breakout Projection in Play | BULLS ARE READY??💥🔥
$BTC {spot}(BTCUSDT)
{future}(BTCUSDT) Structure | Trend | Key Reaction Zones BTC has broken its short-term downtrend and is attempting to build higher structure after a liquidity grab near the 110,600 demand zone 🟢. Current breakout levels are holding, but momentum confirmation is still required. Major resistance lies ahead at 114,500 → 115,500 → 117,400 (supply zone), while immediate support sits at 111,000.
Market Overview After an extended period of consolidation and a strong liquidity sweep, BTC is showing bullish intent by reclaiming structure levels. As long as price sustains above 111,000 support, buyers may attempt to push higher. However, if momentum fails, price could revisit the 110,600 demand zone for another retest before continuation.
Key Scenarios ✅ Bullish Case 🚀 Bounce continuation above 111,000 with bullish projection holding. 🎯 Target 1: 114,500 🎯 Target 2: 115,500 🎯 Target 3: 117,400 (supply zone rejection area)
❌ Bearish Case 📉 Failure to hold 111,000 support could drag price back to 110,600 and potentially lower to 109,000 liquidity area.