$BTC is slowly recovering from its recent dip, especially after touching the 105K support zone. If Bitcoin accumulates volume between the 106K-107K range for a while, we could see a breakout soon. As long as Bitcoin doesn’t fall below the support zone, a breakout to 110K or higher is likely.
The time between now and 6:30 PM GMT will be crucial to monitor the market and observe its movement. A breakout seems imminent.
What if the breakout doesn’t happen? We could see Bitcoin consolidating between the 105K-107K zone, with a possible slight increase in altcoins.
$ETH is closely following Bitcoin’s movements, so if Bitcoin pushes towards its all-time high, Ethereum could rise to the 4200-4350 range, as long as Bitcoin continues its upward momentum.
