Bitcoin Price Surges Above $106,000 as Buyers Eye $107K Breakout

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In the near term, Bitcoin is expected to continue testing its current range. Prices could dip toward $103,000–$105,000 and then bounce higher if buyers remain active. If Bitcoin manages to break above $107,000, it could move toward $111,000 or even $120,000 in the coming weeks.

If sellers gain control and Bitcoin falls below $99,000, the next major area of interest would be near $94,000–$96,000. This would be seen as a deeper correction, but could also attract new buyers at those lower levels.

Looking further ahead, many market watchers believe that Bitcoin could still reach between $120,000 and $150,000 by the end of the year. Some more optimistic forecasts suggest even higher targets, like $180,000 or $200,000, if institutional buying continues and the global economic situation supports riskier assets like cryptocurrencies.

Also Read – How to buy Bitcoin in 2025?