Based on the latest news, Bitcoin appears to be approaching new record prices. According to FXStreet, Bitcoin is currently hovering below $104,000 (Monday), with traders anticipating a retest of its all-time high of $109,588. TradingView also indicates that Bitcoin is gradually approaching its all-time high of $109,588.

For your information, Bitcoin hit its all-time high of around $109,000 in late January 2025.

Will Bitcoin experience another rally and reach another peak, or is there a correction on the horizon?