Bitcoin Price Forecast: Why a Rebound and Surge Towards New ATH is Possible

Bitcoin’s price has shown consistent upward momentum in recent weeks, despite short-term volatility, as it continues to build on its bullish trend. Following a rejection at its all-time high of approximately $111,900 in May 2025, the flagship cryptocurrency is currently experiencing a break above key resistance levels around $110,500. This has led to a 2-3% drop over the past 24 hours, which has sparked some concerns about further short-term correction.