Bitcoin's trading range is tightening as buyers are absorbing minor corrections, with the cryptocurrency finding support at $107,245. Analysts suggest a bullish sentiment persists, with every dip attracting buyers. Currently, Bitcoin is close to its all-time high of $111,980. The 20-day exponential moving average at $107,314 indicates potential upward movement, with a breakout above the resistance of $110,530 projecting a challenge to previous highs and the possibility of reaching $150,000. However, if Bitcoin drops below $106,642, it could signal a bearish trend, testing lower levels around $104,500 and $100,000. The technical charts show promising indicators, but market conditions remain volatile. Investors are advised to stay vigilant and conduct their own research.

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