BTCUSDT demonstrates strong potential to reach its maximum levels as it approaches and crosses the critical $110,000 mark. This psychological and technical milestone may serve as a catalyst for bullish momentum. In the meantime, the price is expected to consolidate within the $88,000–$109,000 range, allowing the market to gather the necessary liquidity and strength for an upward breakout. Once this consolidation phase is complete, and BTCUSDT successfully surpasses the $110,000 resistance, it could pave the way for unprecedented highs, driven by increasing investor confidence and strong market fundamentals.
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.