BTC Breaks into New Highs – What's Next After $110K?BTC has successfully tapped the $110,000 level, reaching a fresh multi-month high. This move confirms a strong breakout from the prior range with persistent bullish momentum.
🔸 Key Support Zone at $99,856
Previous resistance now acts as a critical support. Holding above $99.8K will maintain bullish structure. A dip to $90,209 could act as a liquidity sweep before another leg up.
🔸 Upside Target: $115K – $120K
If BTC consolidates above $110K, next upside zones are $115K and $120K based on Fibonacci extension and prior volume voids. A breakout beyond $110.5K could trigger these levels rapidly.
🔸 Risk Level at $99K
Losing $99K support would weaken bullish momentum, shifting the short-term bias toward a retest of the $90K demand zone.
🔸 Next Steps:
Look for a clean daily close above $110K. If BTC sustains this level with volume, continuation toward $115K is likely. In case of a pullback, buying near $100K–$102K could offer a high-RR entry with SL under $99K.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.