{"content":"🚀 Bitcoin Poised to Break Out — Is a New All-Time High Just Ahead? Bitcoin rose again and broke $106,000. BTC is growing and may reach $110,000. Bitcoin rose again from $102,000. The price is over $105,500 and the 100-hour SMA. The hourly BTC/USD chart shows a short-term bullish trend line with support near $105,800. If it breaks $107,000, the pair may rise. Bitcoin Prices Rise Again Bitcoin price resumed rising from $102,000. BTC cleared $104,200 barrier after forming a base. Bullish traders broke $105,000. Above the 50% Fib retracement level of the decline from $107,042 swing high to $102,100 low. It allowed a move over $106,000 resistance. Since the price closed above the 76.4% Fib retracement level of the decline from $107,042 swing high to $102,100 low, price action is favorable. The hourly BTC/USD chart shows a short-term bullish trend line with support near $105,800. Bitcoin is over $105,500 and the 100-hour SMA. Close to $107,000 is immediate upward barrier. First major resistance is at $107,200. The next hurdle may be $107,500. A closing above $107,500 resistance might boost prices. The price may soar to $108,800 resistance. New advances might push the price beyond $110,000 and an all-time high. Another BTC Drop? Bitcoin may correct again if it fails to break $107,000. Near $105,800 is immediate downside support. The first substantial support is at $105,000. Around $104,200 is the next support. More losses might push the price toward $103,500. BTC may go below $102,500, the primary support. The technical indications The MACD is rising in the positive zone. Relative Strength Index hourly BTC/USD RSI is over 50. Major Support Levels: $104,200, $103,500. Key Resistance Levels: $107,000, $107,500. #SaylorBTCPurchase #BTC #BinanceAlphaAlert $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/20/749208d5119b40ff9e52d44f086f3e9f.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}