Bitcoin (BTC) is currently trading at $106,288, reflecting a 0.74% increase in the last 24 hours. The world’s largest cryptocurrency remains in a consolidation phase near local highs, as market optimism continues to support bullish sentiment.In this article, we will look at bitcoin next target and technical levels and latest price chart.📊 Current Market DetailsCurrent Price: $106,28824h Price Change: +0.74%24h Range: $105,110 – $106,339Market Cap: ~$2.1 trillion24h Trading Volume: ~$31–32 billionCirculating Supply: ~20 million BTC📈 Key Technical IndicatorsRSI (Relative Strength Index): ~62 (Bullish territory)MACD (Moving Average Convergence Divergence): Bullish crossover observedSupport Levels: $103,000 – $104,000Resistance Levels: $106,900 (immediate), then $108,000–$110,000Trend Summary: Short-term uptrend with strong buyer interest near $105K📰 Latest Bitcoin News & HighlightsWhale Activity: A dormant whale address purchased over 250 BTC, signaling confidence from long-term holders.Institutional Accumulation: Companies like GameStop and Metaplanet recently added BTC to their balance sheets.Market Correlation: Bitcoin’s performance continues to mirror broader risk-on sentiment in equities, particularly the Nasdaq.📌 SummaryBitcoin is holding firm above the $106K mark, showing resilience despite market fluctuations. If bulls manage to push past $106,900, BTC could target the $108K–$110K range next. With bullish indicators and strong fundamentals, the near-term outlook remains optimistic.👉 Short-Term Forecast: Bullish📉 Risk Level: Moderate – watch for macroeconomic developments and volume confirmation