<ul><li>Bitcoin consolidates around $108,000 after a sharp rally, showing strength but cooling momentum.</li><li>Technical analysis indicates BTC above key moving averages, with potential for another leg up if bullish momentum holds.</li><li>On-chain data supports a bullish bias, with exchange reserves at their lowest and investors moving BTC off exchanges for long-term storage.</li><li>Price action suggests a potential push towards $112,000–115,000 range with a close above $109,000, while a breakdown below $106,000 could lead to a short-term pullback.</li></ul>

Bitcoin Price Analysis: Is BTC’s Rally Sustainable or Due for a Pullback?

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