Bitcoin at 110k: watch for a break above resistance or risk a test of 90–100k - Expert Analysis | Cryptochase AI
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Bitcoin at 110k: watch for a break above resistance or risk a test of 90–100k

I'm watching Bitcoin around 110k vs USDT. It’s already challenged the resistance and may have failed twice. If the price continues to slide, we could see a test of 100k to 90k. On the other hand, if it rebounds and closes above the resistance with real momentum, we could see a bullish setup developing. For now, the key is whether we get a convincing breakout or a renewed downside pressure. Keep an eye on how the price behaves around the current level and the next obvious resistance zone.
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Analysis

Bitcoin is trading near 110k, having already tested a resistance zone and showing signs of potential rejection. The near-term path hinges on whether selling pressure persists or buyers regain control with a clear close above the resistance. A breakdown could open the door to a test of the 100k–90k area, where previous support may come into play or flip to resistance if price revisits the zone.

From a momentum perspective, a sustained move above the resistance with a strong close would indicate renewed bullish momentum and could attract buyers looking for a bottoming pattern after the pullback. Conversely, a failed breakout and continued downdraft would increase the probability of a deeper retracement, potentially retesting key supports formed earlier in the range.

Risk factors to watch include macro drivers, on-chain signals around BTC accumulation or loss of confidence, and any sharp intraday moves that could trigger stop hunts around the major round numbers near 110k. The setup remains highly level-dependent, with two clear scenarios: a bullish breakout above resistance or a bearish test toward 90k–100k. Traders should wait for a decisive close to confirm the bias.

Recommendation

If you already hold BTC, consider waiting for a decisive breakout above the resistance with a close that confirms momentum before adding new exposure.

If you’re looking to trade, a cautious approach would be to monitor for a clear breakout above the current resistance or a clear breach of 100k. Consider reducing risk with tight stops and being ready to reallocate if the price fails to sustain above key levels.

In absence of a decisive move, maintain a neutral stance and reassess once price action provides a clearer directional cue. Stay patient and let the market define the breakout or breakdown.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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