{"content":"🚀 Bitcoin Bulls Eye Breakout – Is the Recovery Strong Enough to Smash Resistance? Bitcoin price is trying to return over $110,000. Bitcoin is gaining and may accelerate if it breaks $112,000 barrier. The Bitcoin price began recovering over $110,000. The price is over $111,000 and the 100-hour SMA. The hourly BTC/USD chart shows a short-term ascending channel with support at $110,500. If below $112,000, the pair may fall again. Bitcoin Price Recovers Bitcoin launched a new rebound over $108,500. BTC broke $108,800 and $110,000 barriers. The price broke the 50% Fib retracement barrier of the $113,457 swing high to $107,352 low dip. The price rose over $111,200. The hourly BTC/USD chart shows a short-term ascending channel with support at $110,500. Bears remain active at $111,500. Bitcoin is over $110,000 and the 100-hour SMA. Near $111,500 is immediate upward barrier. The first significant barrier is $112,000, the 76.4% Fib retracement level of the critical slide from $113,457 swing high to $107,352 low. Next resistance may be $112,500. A closing above $112,500 barrier might boost prices. Should the price climb, it might hit $113,450 barrier. More advances might push the price toward $114,500. The goal may be $115,500. Another BTC Drop? Bitcoin may fall again if it fails to break $112,000 barrier. Near $110,400 is immediate support. Near $109,500 is the first substantial support. Around $108,500 is the next support. More losses might push the price toward $107,350. BTC may fall quickly below $105,500, the primary support. The technical indications Hourly MACD | MACD is falling in the positive zone. Relative Strength Index hourly BTC/USD RSI is over 50. Major Support Levels: $110,400, $109,500. Major Resistance: $111,500, $112,500. #BTC #SaylorBTCPurchase #TrumpFamilyCrypto #NewHighOfProfitableBTCWallets $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/03/48be8effc33d403ca3974a3db66c13c1.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}