{"id":7834,"date":"2025-05-29T11:46:00","date_gmt":"2025-05-29T10:46:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=7834"},"modified":"2025-05-29T10:50:25","modified_gmt":"2025-05-29T09:50:25","slug":"bitcoin-price-114k-key-support-btc","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/bitcoin-price-114k-key-support-btc\/","title":{"rendered":"Bitcoin Price Eyes $114K if Key Support Holds"},"content":{"rendered":"\n

Bulls Regain Control : A Major Signal ?<\/strong><\/h2>\n\n\n\n

Despite a decrease in volume, Bitcoin <\/strong>has remained firmly above a critical support level at $106,420<\/strong>. This area has recently been tested and held, reinforcing the strength of the current bullish trend<\/strong>. While many traders<\/a> are waiting for a clear breakout, the underlying market structure continues to favor buyers. In fact, the price is showing higher highs and higher lows.<\/p>\n\n\n

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\"Bitcoin<\/figure>\n<\/div>\n\n\n

Technically<\/a>, a contraction in volume and volatility often precedes a significant expansion and breakthrough. As long as Bitcoin remains in this compression zone<\/strong>, the direction of the next impulse will become a key signal to watch. If volume returns and the price breaks the current resistance, the path to the $114,000 Fibonacci target will become much clearer<\/strong>.<\/p>\n\n\n\n

Bitcoin Price Hanging on This Decisive Level<\/strong><\/h2>\n\n\n\n

Bitcoin<\/a> is at a pivotal moment<\/strong> in its evolution. If it manages to stay above $106,420<\/strong> and volume increases, a bullish breakthrough towards $114,000 is very likely. The market structure remains bullish, hinting at higher prices<\/strong> upon confirmation.<\/p>\n\n\n\n

However, any breakout, whether bullish or bearish, must be accompanied by a sharp increase in volume<\/strong> to be sustainable. A breakout without volume might not hold, while a move supported by high trading<\/a> could trigger a marked continuation<\/strong> in the direction of the breakthrough.<\/p>\n\n\n\n

Bitcoin is at a crossroads. Its short-term future will revolve around the $106,420 level. If buyers manage to defend it, a progression towards $114,000<\/strong> would become conceivable. Crypto enthusiasts should keep a close eye on the evolution of this crucial support<\/strong> in the upcoming sessions.<\/p>\n\n\n\n

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Buy BTC on Bitget and get $10 !<\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n