#BTC

BTC Breaks Above 109,000 USDT, Rising 0.72% in 24 Hours :
Analysts emphasize $109,000 as a crucial support zone. Holding above this level is vital to prevent a broader correction, especially in the altcoin market.

On the upside, resistance zones lie around $117,000—near the 50-day MA—and $123,000, which coincides with this month’s closing high.
Market watchers are closely eyeing incoming US PCE inflation data, which could strongly influence BTC’s direction—either triggering further dips or rejuvenating momentum.
Historically, September has been BTC’s weakest month, often showing average losses during bull market phases.
If BTC sustains above $109,000 and clears $117,000, the path may open toward the $123,000–$125,000 region.
Failure to hold above $109,000 risks a retest of lower support levels (e.g., $107,000), potentially leading to extended consolidation or deeper pullback.

🏅Entry Zone: $109,000–$110,000

First Target: $117,000

Extended Target: $123,000–$125,000

Stop-Loss: Below $109,000 (e.g., $107,000–$108,000)

Watch for triggers: US PCE data release, whale activity, and accumulation around support/resistance thresholds.

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