Bitcoin Breaks Resistance, Could It Hit $108.9K? Analysis

After experiencing a temporary dip due to a liquidity pullback that pushed prices down towards $102.7K, Bitcoin has surged back into the positive. The recent surge is bringing buyers back in, with trading volumes significantly increasing as BTC approaches the crucial resistance zone between $106.1K and $108.9K. Traders are currently watching closely whether this resistance will be overcome, potentially leading to a substantial breakout or if a temporary stall occurs.