$BTC

is currently trading in a consolidation phase, testing key support levels. On-chain data shows large BTC outflows from exchanges, indicating long-term holding by investors.

Key Levels:

Support: $105,500 – $106,300

Resistance: $108,200 – $111,000

💡 Watch:

Bullish scenario: Break above $108,200 → potential rally toward $111,000+

Bearish scenario: Drop below $105,500 → price may move toward $100,000

Summary: BTC is in a neutral consolidation phase, preparing for its next directional move. Traders should watch support and resistance closely.

BTC
BTC
90,270.59
-2.37%

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