{"content":"Bitcoin Gathers Strength Below $108K — Breakout Toward $115K Ahead Bitcoin has remained solid recently, hovering slightly around $107,000 after briefly topping $108,000. Technical analysis from a prominent crypto analyst on TradingView showed an intriguing structural setup on Bitcoin's daily chart. Bitcoin is in a compression period that might lead to a $115,000 breakthrough, according to analysts. Under $108,000 Resistance, Compression Structure Bitcoin is tracking the S&P 500 and Nasdaq, which have rebounded after Middle East geopolitical concerns eased. Crypto expert RLinda posted on TradingView about a structural scenario on the D1 chart that might lead to a $115,000 breakthrough if resistance levels are broken. RLinda says Bitcoin is compressing below $108,100 barrier. After a false breakthrough over $100,000, the analyst says there was a brief dispersion and an active accumulating zone. Since June 25, the daily chart shows price action steadily narrowing inside the $106,500 to $108,100 area, which the analyst labeled a break before probable growth. This setup has clear limits, with support around $106,500 and immediate resistance at $108,100. Bitcoin would be within striking reach of its all-time high at $111,000 if it breaks over this immediate barrier. Before a fresh uptrend, a short-term dip toward $105,650 is probable. Bitcoin's price movement is pushing on this $108,000 resistance level, generating momentum for a breakthrough. Monitoring resistance levels around $108,100, $108,900, and $110,400 is crucial. Bitcoin's price being at the top of the $106,500–$108,100 structure makes the breakout scenario more likely. The daily and weekly candlestick charts show no signs of a fall, but the expert stated that a brief retreat to $105,650 or $104,650 is possible. Even a retreat would likely be a retest and not change the setup. Bitcoin is now trading at $107,457, up 0.5% in 24 hours. The breakthrough trigger remains $108,100. If broken, Bitcoin might reach $115,000 highs. #StrategyBTCPurchase #TrumpVsMusk #BTC110KToday? #USCorePCEMay $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/29/e23b88936fa94589b3ed3c473a9daad9.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}