Bitcoin Teetering At $109,000: Where’s It Headed Next?

Bitcoin (CRYPTO: BTC) remains rangebound around $109,000, with analysts speculating when and if a breakout will occur.

What Happened: Crypto analyst Kevin said in his Patreon group that Bitcoin is currently trading above key macro levels, including the golden pocket and the 1.703 Fib at $106,800, a bullish sign.

However, it still needs to break and hold above the $112,000–$116,000 range to confirm a strong higher-time-frame uptrend.

A minor downtrend resistance has been broken, …

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