Bitcoin has dipped below $108,000, testing multi-day lows after failing to break above $110,000 resistance.
Market focus on upcoming U.S. Federal Reserve meeting minutes for signals on interest rate policy and economic indicators like PCE Index and jobless claims data.
BTC surged from $74,508 to $111,980 but pulled back to $106,600, currently trading in a range between $106,750 and $110,000.
To rally further, Bitcoin needs to break and sustain above the recent all-time high, with declining volumes indicating consolidation.