Bitcoin has been consolidating in a tight range over the past few weeks after a strong rally from the $90,000 zone.
Price is now testing a key resistance area around $108,000, which has capped upside momentum multiple times.
If BTC breaks above this zone with strong volume, it could open the door for a move toward $118,000 in the coming weeks.
On the downside, as long as price holds above $98,000, the overall structure remains bullish.
I will be looking for a confirmed breakout above $108,000 to
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