Technical analysis by Cola-Signals about Symbol BTC: Buy recommendation (6/11/2025)

BTCUSD – Strong Bullish Signals on Daily ChartBitcoin is building strong bullish momentum after holding key support near $100,000 and breaking above the critical resistance zone at $105,000–$106,000. This move confirms renewed buying interest and opens the door for further upside.The daily MACD is on the verge of a bullish crossover, signaling strengthening upward momentum.The RSI has climbed above 55, moving out of neutral territory and showing buyer dominance.Price action is approaching the upper boundary of a rising channel, with resistance near $110,000 to watch closely.Volume has increased on recent up days, supporting the breakout strength.Key Levels:Support: $106,000 and $100,000Resistance: $110,000 and $112,500A daily close above $107,500 with volume confirmation would solidify the bullish case and could target a move toward $112,500.What to expect after breaking $112,500:Breaking and holding above $112,500 would open the path toward the next major resistance near $118,000–$120,000.This breakout could trigger a strong rally fueled by momentum traders and institutional buying.Watch for increased volatility as Bitcoin approaches all-time highs, with potential pullbacks serving as entry opportunities.Sustained volume above breakout levels will be critical to confirm strength beyond $112,500.If Bitcoin fails to hold above $112,500, it may retest support near $106,000–$108,000 for consolidation.Short-term outlook: Expect consolidation between $106,000 and $110,000 before the next leg higher. Keep an eye on volume and momentum indicators for confirmation.