🟠Bitcoin is once again within reach of its historical peak — the price has climbed to $108,000, just 1.5% below the January high. The rise comes with high volatility, as traders navigate between greed and caution, while support below $106,000 is strengthening, according to CoinGlass data.
🟠Analysts believe BTC is entering a price discovery phase. Key support levels — including $100,700 and the 21-day moving average — are forming a strong foundation for a potential continued rally. Some experts, including Michaël van de Poppe, are already targeting $120,000 and beyond.