Story Highlights* Bitcoin’s $112K resistance is the critical pivot, as a breakout could confirm bullish momentum toward $120K–$125K, while rejection risks consolidation near $98K–$105K.
Technical signals show early recovery signs, as strong support at $107K suggests Bitcoin is positioned at a decisive turning point.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin Market Update: Can Recovery Rally Push BTC Price Toward $112K?
Story Highlights* Bitcoin’s $112K resistance is the critical pivot, as a breakout could confirm bullish momentum toward $120K–$125K, while rejection risks consolidation near $98K–$105K.