BTC/USD – 1D Analysis

1️⃣ Market Structure
BTC remains ultra bullish. A new high was hit last week at 112K.
Since then, price is consolidating slightly around 110K with no major weakness showing.

2️⃣ Key Levels

📍 Main support: 108K (previous ATH)

🎯 Current resistance: 112K

🧭 Fibo extensions: targets projected at 130K–135K

3️⃣ Context & Momentum

🏦 Institutional interest remains strong

💵 Weakening USD = bullish for BTC

⚖️ Overall sentiment still favors upside despite market caution

4️⃣ Scenarios to watch

📈 Bullish: Break above 112K could trigger a run to 130K+

📉 Bearish: Break below 108K may open room for a retest of 103–100K

✅ Conclusion
BTC is gearing up for the next leg. As long as 108K holds, the bias stays bullish.
📆 This week could be the one that triggers the breakout.