Bitcoin Price Stabilizes Above $115K: Trendline Offers Key Support for New Highs?

Bitcoin’s price has stabilized above the crucial $115,000 mark, signaling a potential breakout towards new highs. Analysts attribute this stability to a critical trendline support level that could act as a launching pad for further growth. 24-hour trading data shows a modest 0.61% increase in Bitcoin’s price from its opening at $114,488 to current levels of $115,434.99.