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🚨 Bitcoin Breakout Alert — Bulls Charge In as Price Flashes

Monnie Brunt OkvK

Updated at: 10 hours ago

{"content":"🚨 Bitcoin Breakout Alert — Bulls Charge In as Price Flashes Green! Above $108,500, bitcoin price rose again. BTC is up over 3% and shows promise over $110,000. Bitcoin rose beyond $108,500 again. The price is over $110,500 and the 100-hour SMA. BTC/USD broke over a negative trend line with resistance at $108,800 on the hourly chart. The pair may increase if it breaks $112,000 barrier. Bitcoin Price Expects Growth Bitcoin rose after breaking the $108,500 barrier zone. BTC accelerated beyond $108,800 and $109,500 barrier. BTC/USD broke over a negative trend line with resistance at $108,800 on the hourly chart. Bulls pushed the pair over $110,000 resistance. It allowed a move toward $112,000. Price is holding gains after hitting $112,000 high. It hit the 23.6% Fib retracement level of the $107,500 swing low to $112,000 high. Bitcoin is over $109,500 and the 100-hour SMA. Near $111,600 is immediate upward barrier. First major resistance is around $112,000. Next resistance may be $112,500. A closing above $112,500 barrier might boost prices. Should the price climb, it might challenge $115,000 barrier. More advances might push the price beyond $116,000. The primary goal may be $118,000. BTC Downside Correction? Bitcoin may fall if it fails to break $112,000 barrier. Near $110,800 is immediate support. First significant support is at $109,750, the 50% Fib retracement level of the upward run from $107,500 swing low to $112,000 high. Around $109,200 is the next support. More losses might push the price toward $108,500. BTC may go below $107,500, the primary support. The technical indications The MACD is rising in the positive zone. Relative Strength Index hourly BTC/USD RSI is over 50. Major Support Levels: $110,800, $109,750. Major Resistance Levels: $112,000, $115,000. #BTCBreaksATH #MuskAmericaParty #OneBigBeautifulBill #SECETFApproval #TrumpTariffs $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/10/141183027e8cb38389b66a8765d42fdf.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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