Bitcoin Reclaims $110K — Is This the Start of a Major Reversal? đŸ’„

After a steep correction from $126,199 down to $102,000, Bitcoin has bounced back strongly, now trading around $110,671 (+3.06%). This rebound signals renewed buyer interest and a potential short-term trend shift.

đŸ”č Technical Outlook:

BTC has formed a temporary support base near $102K, marking a potential local bottom. The current move toward $111.5K–$112K faces immediate resistance — a breakout above this level could trigger a run toward $116K–$118K.

However, failure to hold above $110K may invite another retest of $106K–$104K zones.

đŸ”č Market Sentiment:

Volume is rising, showing active participation from both bulls and bears. If buying momentum continues, BTC could confirm a short-term bullish reversal structure.

📊 24h Range: $107,380 – $111,679

📈 Volume: 2.04B USDT

👉 Stay alert — this could be the early sign of Bitcoin regaining strength before the next leg up.

BTC
BTC
67,989.86
+1.79%

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