π Bitcoin Holding Strong Above $110K β Breakout Loading?
-
By analyzing the Bitcoin (BTC) chart on the 12-hour timeframe, we can see that the price is still trading around $111,000, showing positive reactions near the $110,000 support zone.
Although we havenβt seen strong momentum yet, I expect a bullish move soon.
The key demand zone remains between $109,000 and $110,000, and the next upside targets are $113,800, $116,000, $119,600, and $120,800.
-
Sustained strength above $110K hints at growing bullish confidence, possibly signaling an imminent breakout.
-
Momentum looks solid β if volume picks up, Bitcoin could easily test new resistance levels soon.