The current area level is positive. If the market remains stable under these conditions, upward momentum may come from altcoins.

$BTC btc short-term support levels

106100 - 105500 - 103250

Short-term resistance levels

108000 - 109900 - 110500

Bullish continuation price closes hourly at 107500 and above. If it closes above, a new high for Bitcoin is in sight. Otherwise, it will retrace to the above short-term support levels.

There are no important news events today, and interest rate cuts are expected tomorrow.