Bitcoin Eyes Breakout as $110K Resistance Holds—Key Dip Zone Highlighted
Bitcoin is approaching a pivotal juncture on its price chart, with top crypto analyst Michaël van de Poppe highlighting $110,500 as the final resistance before a potential move to new all-time highs (ATHs).
In a June 11 post, van de Poppe noted that BTC’s chart is “primed for a breakout,” although the current level makes it difficult for traders to secure a clear entry.
He identified the $110,500 zone as a critical ceiling, where liquidity has already been taken, suggesting that the market is preparing for a significant move.
According to van de Poppe, any dip into the $107,000–$108,000 range would represent a “golden” buying opportunity. His chart underscores this region as an ideal area to accumulate for continuation, especially if liquidity builds up once again below support.
The chart also points to a pattern of “slight accelerations,” suggesting bullish momentum is gradually building. If Bitcoin holds the current structure and reclaims $110,500, a surge toward price discovery could be imminent. However, if the breakout fails to materialize, van de Poppe warns of a retracement similar to what was seen last week.
With sentiment leaning bullish and technical levels clearly mapped out, traders are closely watching this range as Bitcoin inches closer to a decisive breakout.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
