#$BTC has bounced from $98,890 (a strong support zone).
The last few candles show bullish momentum with green bodies closing higher each day.
The next major resistance zone is around $107,000 – $108,000, where EMA20 sites.
If broken, $BTC could retest $112,000 – $119,000.
On the downside, support lies around $102,000 and $99,000.
Short-term (1–3 days): Bullish bias if price stays above $105,500.
Medium-term (1–2 weeks): Needs a daily close above $107,000 for a stronger bullish trend.
Bearish invalidation: A break below $102,000 would cancel the current rebound and reopen $98,000 support.
BTC
92,288.83
+2.31%
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