#FedHODL

Bitcoin is the closest among the major cryptocurrencies to forming a new all-time high, being just 6.89% away from $109,568. The crypto market's bullish optimism has positioned BTC as a strong candidate for a breakout, making traders optimistic about its next move towards record highs.

However, Bitcoin has yet to successfully break above $106,193 and confirm a double bottom pattern, suggesting a possible surge to $113,428.

While this remains a long-term target, BTC's immediate focus is on reaching $110,000, a key psychological level that could validate the continued bullish optimism.