Bitcoin Bounces with RSI Divergence: Eyes on $108.5K BreakoutBitcoin / US DollarBINANCE:BTCUSDTRUE_TIDEBitcoin has precisely touched our key support zone (POC + 0.786 Fib + 50 SMA + Horizontal Support Level) identified in the previous analysis. As of this update, the price has shown a strong rebound from that zone and is now attempting to break above $108K. As the price touched our support area, we’re also observing bullish divergence forming on the RSI, further strengthening the case for a potential upward move. If BTC successfully closes a strong weekly candle above $108,500, it will re-enter its previous range, opening the potential for a move toward the $112K–$118K region. According to the latest liquidation heatmap data: - Roughly $10.42 billion in short positions** could be liquidated if BTC rises by 10%. - About $3.79 billion in long positions** could be liquidated if BTC falls by 10%. Since markets typically move toward liquidity, this setup suggests a higher probability of upside continuation from the current level.