Bitcoin Struggles for $106K

🟩Bitcoin continues its recovery after bouncing off a key demand zone near $100,000. At the time of writing, the price is fluctuating around $105,400, with technical indicators maintaining a moderately bullish outlook. Support for the move is coming from positive signals on the RSI and MACD, as well as increasing trading volume — all pointing to a potential short-term rally continuation.

🟩However, the $106,000–$108,000 zone remains a strong resistance area, posing a challenge for BTC to firmly establish itself above. If momentum holds, the next target could be around $109,000 or higher. Otherwise, the market may enter a consolidation phase with a possible pullback toward $103,000.