<ul data-eligibleForWebStory="false"><li>Bitcoin is finding support at $107,245, showing positive investor sentiment with minor dips being bought.</li><li>BTC attempting to bounce off moving averages indicating buying on dips and not in overvalued zone yet.</li><li>Bitcoin could potentially break out to new highs if it surpasses $110,530 resistance level.</li><li>Technical analysis suggests a potential rally towards $150,000 if Bitcoin breaks above key resistance levels.</li></ul>

Bitcoin news update: BTC range tightening hints at price break to new highs

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