Market Overview
Price Movement: Bitcoin briefly surpassed $107,000 on May 20, approaching its all-time high of $108,786 set in January. It has since stabilized around $105,500, marking a 3% gain over the past 24 hours.
Resistance Levels: A significant resistance is observed at $106,600, where approximately 31,000 BTC were acquired in December. This cluster has remained largely unmoved, indicating a psychological and technical barrier.
Bitcoin (BTC) is currently trading at approximately $106,929, reflecting a 1.26% increase from the previous close. The intraday high reached $107,017, while the low was $104,350. This upward momentum brings BTC close to its all-time high of $108,786 set earlier this year. $BTC