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

The $108.6K–$109.8K range wasn’t just a sideways chop — it was energy loading beneath the surface. When Bitcoin finally broke through, it wasn’t luck; it was pressure released.

These kinds of tight boxes are where professionals prepare while others get bored. Every tick inside a narrow range builds potential energy, and when that tension snaps, it often launches the next leg of momentum.

👉 Learn how to recognize these breakout setups in our Trading Academy.

The Setup

Last Friday, Bitcoin formed a textbook compression zone between $108.6K and $109.8K. On the chart, it looked like a coiled spring — each attempt to move was smaller than the last.

Two possible outcomes were mapped out:

• Break up → $110.4K first, then a full push to $111.1K.

• Break down → $108.0K, then deeper to $107.3K if sellers pressed further.

When the move came, it was clean. Price sliced through $109.8K, hit $110.4K, paused briefly, then ran straight to $111.1K — a near-perfect technical expansion.

👉 You can replay and practice this setup using our Trading Simulator.

Range Compression → Expansion

When price stops trending, it doesn’t mean the market is resting — it’s coiling. Volatility compresses like a spring, traders lose patience, and then one sharp move resets the range completely.

That’s why range analysis is a cornerstone of short-term trading: you don’t have to predict direction, only prepare for the break.

Trader Psychology in Tight Markets

In coiled conditions, most traders get trapped by emotion. Impatient ones chase early signals. Patient ones mark the structure, wait for confirmation, and ride the release.

This pattern repeats across all markets — from crypto to commodities — and it rewards discipline more than prediction.

Key Post-Breakout Zones

Now that Bitcoin has cleared the $109.8K wall, it’s forming a fresh base above prior highs.

Here’s what to watch next:

• A breakout above $111.5K opens the door toward $113K–$113.1K.

• A pullback toward $110.4K could create a cleaner re-entry zone.

• A drop below $110K invalidates the breakout and may invite sellers back.

Volume remains the confirming factor — rising volume on continuation candles signals genuine buying strength.

Lessons from the Move

1. Tight ranges are opportunity zones, not noise.

2. Breakouts rarely come by surprise — they build through visible compression.

3. Discipline beats prediction — waiting for structure saves capital.

Every range, every breakout, and every pause tells a story of pressure and release. Learn to read it, and the market’s rhythm starts to make sense.

👉 For more setups like this, visit our Daily Insights and see how the same principles play out across gold, indices, and crypto markets.

Disclaimer: This is not financial advice. All information is for simulation and educational purposes only.