All Eyes on the $108,900 Level as Bitcoin Enters Final Stretch to New ATH

Bitcoin holds strong at $107K as it enters the final stretch to test its all-time high Analysts predict a new ATH is imminent, with all eyes on the final $108,900 resistance A massive short squeeze is adding fuel to the upward momentum as bulls take full control Bitcoin’s recent price action signals that a major move may be on the horizon. After clearing crucial liquidity levels, Bitcoin appears ready to challenge its final resistance before setting a new all-time high. This momentum comes amid increased market activity, significant liquidations, and cautious technical indicators. With bulls eyeing the $108,900 mark, the coming days may prove pivotal. What Is the Final Hurdle for a New All-Time High? Bitcoin surged past the $105,797 resistance level, confirming strong bullish sentiment in the market. As of press time priced at $107,538, the asset reflects a 1.72% gain in the past 24 hours and a 2.70% increase over the last week. This upward movement aligns with van de Poppe’s analysis, who emphasizes the importance of the $108,900 region as a critical resistance. Breaking this zone could trigger a rally towards new all-time highs. However, … The post All Eyes on the $108,900 Level as Bitcoin Enters Final Stretch to New ATH appeared first on Coin Edition .

Source: Coin Edition