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#BTC Back Above 110K
Bitcoin Breaks Above $110,000 to What's Next
Bitcoin has once again defied expectations, surging past the $110,000 mark and reigniting bullish sentiment across the crypto space. This breakout represents not just a psychological milestone, but also a strong technical signal that momentum is back in favor of the bulls. The move appears driven by a mix of renewed institutional interest, decreasing exchange reserves, and a weakening dollar narrative. On-chain metrics show increasing long term holder accumulation, suggesting confidence in sustained upside.
However, this rally comes amid rising macro uncertainty, including shifting rate expectations and geopolitical tensions, which could inject volatility in the short term.
From a strategic standpoint, I’m adjusting my BTC trading approach to reflect a more balanced outlook. While the upside potential remains real with $120K to $125K as the next major resistance zone I’m layering in caution. I’ll be gradually scaling into positions rather than going all-in, using pullbacks toward $105K to $107K as potential entry zones. At the same time, I’m tightening stop loss levels and increasing focus on shorter term price action to guard against sharp reversals. Risk management is key in these parabolic phases. Overall, while the longer term trend looks intact I’m treating this rally as a phase to trade strategically not emotionally.