Bitcoin is holding above $109,000 with bullish momentum, eyeing a retest of the $110,000 resistance level.
RSI is rising at 59.09, indicating growing bullish activity, while price action shows consolidation below $110,000.
Bitcoin's structure remains positive, rejecting dips near $106,500–$108,000 and potentially aiming for a retest of June highs.
Bitcoin is stable around $109,500, awaiting U.S. Federal Reserve minutes for insight on potential interest rate cuts that could impact cryptocurrency sentiment.