The price of Bitcoin ($BTC /USDT) is experiencing a strong increase, currently trading at $106,095.79 after a robust rise of +3.01%! This precious metal has bounced back from its 24-hour low of $102,000.00 and is approaching its recent high of $106,853.27 with strength. Trading volume peaked, with $2.84 billion of USDT traded, indicating the return of major players to the arena. The hourly and four-hour candles show a clear bullish trend, characterized by bullish engulfing patterns and minor pullbacks, suggesting continued buying pressure and trader confidence.

All eyes are now on the critical resistance level at $107,108.62. If Bitcoin breaks this level strongly, it could spark a sharp rise towards the $108,000-$110,000 range. The price action is sharp and bold, ideal for traders looking for volatility. With massive trading volume supporting this rise and an acceleration in momentum, Bitcoin is on the verge of taking off. Traders, this is your opportunity - Bitcoin is heating up, and the launch wave may have just begun!$BTC