Bitcoin at Critical Zone: Holding Bullish Order Block Near $105K, Eyes on $110K Breakout

Bitcoin has been holding above a major Bullish Order Block and Fair Value Gap which is around $105,000 and creating institutional liquidity and attracting Smart Money

A breakout above the key zone may send Bitcoin quickly to a premium price zone at $110,000.

If Bitcoin cannot hold the $105,000 support level, it could drop to the $94,000, $87,000 demand zones which contain strong Bullish Order Blocks.

Bitcoin remains in a critical price zone, with the current price holding slightly above the $105,000 support level. Market participants are closely watching this area, which may decide the short-term direction of the leading cryptocurrency.

Bullish Order Block and FVG Near $105K Draw Market Focus

Bitcoin’s price structure shows consolidation just above a major Bullish Order Block and Fair Value Gap (FVG) around $105,000. This support zone has attracted Smart Money interest and remains vital for sustaining the current uptrend.

Source: Crypto Patel

Crypto analyst Crypto Patel noted that a clean breakout above the current range could lead to a sharp move toward $110,000 and beyond. A failure to hold this support, however, could send the price lower toward the $94,000 to $87,000 demand zones. These lower levels also align with deeper Bullish Order Blocks and FVGs, which may serve as strong buying areas.

The price action from this zone could influence Bitcoin's near-term trend. While writing, Bitcoin was trading at $106,239, with 1.81% increased in the last 24 hours.

Whale Activity Signals Strong Accumulation Ahead

Amid this consolidation, large investors have started accumulating Bitcoin aggressively. According to analyst Ali_charts, major whales have acquired over 30,000 BTC in the past 96 hours.

Such accumulation near a key structural support suggests strong institutional confidence. These high-volume purchases generally occur around critical technical zones, where Smart Money anticipates future upward momentum.

This movement supports the ongoing price action around $105,000 and may add to bullish momentum if the price clears the resistance above the current range.

Macro Indicators Align With Bullish Market Structure

Crypto Seth pointed out a bullish crossover on the weekly MACD, reinforcing current buying momentum. He also mentioned that Bitcoin's price remains positively correlated with the M2 money supply, suggesting potential long-term support from macroeconomic liquidity trends.

With these macro indicators aligning and Smart Money entering the market, Bitcoin’s trajectory remains in a decision-making phase. While the breakout toward $110,000 remains on the table, a breakdown to the $87,000–$94,000 zone cannot be ruled out.

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