Bitcoin is currently at a crucial juncture, testing the significance of its $108,500 support level. This zone has held strong since yesterday’s breakout, acting as a pivotal point for future price action. If bulls manage to maintain this level, it could pave the way toward another push towards the $112,000 resistance. 💰 📈 ⚡️ 💥 Traders are closely observing this zone, as its stability has historically fueled upward momentum in recent sessions. 📊 Market sentiment remains cautiously bullish, with buyers focusing on upside potential while long-term investors remain watchful. 🧐 💡 📈 What if $108,500 Fails? A significant drop below this level would signal a shift in the short-term outlook. 📉 If support breaks down, the next key levels to watch are $105,000 and $100,000. These are crucial inflection points where Bitcoin may see renewed demand or increased selling pressure. 🤝 💰 A dip toward these lower levels wouldn’t necessarily signal the end of the uptrend but would indicate a period of consolidation or correction. 🤔 🧐 If this happens, traders and investors should remain vigilant and reevaluate their outlook as price approaches these zones.