BTC on 112k surprises many this morning, but momentum was zero over the weekend.
Plenty of rubbish comments from those promoting their own interests, Trumps etc, but the charts are the truth.
108.5k is the slightly higher low in structure, so price needs to get past resistance between 114.5k and 115.5k, and the 118k pivot high, to test the all time high again.
A close below 107.2k would be horrible, and a place where all the recent longs would sell, leading to a sub 100k low.