BTCUSD Buyers Build Momentum for Breakout

BTCUSD (Bitcoin) Continues Gaining Bullish Strength

BTCUSD buyers are building momentum for a breakout. Bitcoin is trading with modest gains as buyers prepare for another push while remaining below the key resistance level of $107,770. After months of consolidation, traders are anticipating a bullish breakout, with a long-term target of $125,000.

Bitcoin Long-Term Trend: Bullish (Daily Chart)
Key Levels

Resistance Levels: $107,770, $115,000
Support Levels: $88,130, $100,000
Bitcoin has been trading within a range of $107,770 to $88,130, with buyers consistently testing resistance. While bullish sentiment remains strong, a breakout above $107,770 is essential to confirm further upward movement.

The Bollinger Band indicator reflects mid-range market activity, suggesting that volatility may increase soon, creating an opportunity for price acceleration. The RSI remains above 50, indicating that buyers are still in control and could attempt a strong upward push.

If Bitcoin breaks above $107,770, the next major target would be $115,000, with $125,000 as the long-term bullish objective. A confirmed breakout would strengthen buyers’ dominance and position BTCUSD for further gains.

However, if BTCUSD fails to overcome resistance, a temporary retracement toward $100,000 could occur before another attempt to move higher. This phase could provide an opportunity for further consolidation before the next upward move.

Market Expectation

On the shorter time frame, BTCUSD is gaining strength for potential expansion. The RSI continues to rise, reflecting growing bullish sentiment.
The Bollinger Band is set to widen, signaling increased volatility and the possibility of a breakout. If momentum persists, Bitcoin could test $110,000 in the short term, with $107,770 being the critical breakout level to watch. Traders looking for reliable crypto signals should monitor price action closely for confirmation of the next move.

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