Bitcoin price (BTCUSD) rallied upwards sharply to succeed touching our waited target at 108350.45$ and approached 110000.00$ barrier, and the way seems open to continue the rise to achieve additional gains that extend to 112000.00$, noting that breaking 104900.00$ will put the price under negative pressure to head towards testing key support levels that start at 98930.00$.

 

The expected trading range for today is between 106500.00$ support and 111000.00$ resistance.

 

Trend forecast: Bullish