Bitcoin Breaks Out of 108.6K - 109.8K Range, Hits 111.1K Target

Hey Traders 👋

Hope you had a solid weekend, because we had a textbook breakout perfection.

Let's break it down so you don't just watch these plays, you understand them and start targeting hem.

🔍 The Setup (Friday Recap)

Last Friday, we posted a tight range👇

The box between $108.6K – $109.8K looking like a “a coiled spring.”

And we mapped out the exact two expansion paths:

• 📈$110.4K first, then full push to $111.1K.

• 📉 $108.0K then $107.3K.

Then, price broke up, clean and decisive.

• ✅ First stop = Right into $110.4K.

• ✅ Quick pause, then next leg straight to $111.1K.

🧠 Why This Matters

This is repeatable behavior. When markets range this tight, they’re not “stalling.”

Tight ranges trap impatient traders and breakouts free that pressure. First move hits mechanical targets (50% of range). Then real sentiment shift takes over → full expansion.

Once you see it, you can never unsee it.

Key Post-Breakout Zones

Price is now coiling again, this time just above the prior highs.

Same playbook applies.

• 📈 Break above → measured target = $113.0K–$113.1K

• 📉 Break below → watch $111.1K and $110.4K as key support flips