Bitcoin Inches Closer to $110,000 as Bullish Sentiment Builds

After a recent dip, Bitcoin has rebounded and is inching closer to the $110,000 mark. While prices fell from their all-time high of $111,970.17 to around $106,000, there’s been a surge of optimism fueled by strong accumulation from whales and growing institutional investment in the cryptocurrency. 24-hour trading levels show a 2.2% gain reaching $110,057, according to CoinMarketCap. Experts are closely monitoring if Bitcoin can break past the resistance level.