#BTCBreaksATH #BTC110KToday? #binance
Regarding the rise of Bitcoin #BTC , the current situation shows a strong momentum. According to available information, the price of Bitcoin $BTC today is around $108,422 (according to the latest update from TradingView), with an increase of 2.31% during the day (according to osoulfx.com). This rise puts it very close to its all-time high of $109,358 (as mentioned in unlock-bc.com).
There are factors supporting this rise, such as the easing of trade tensions between the United States and China (according to cryptomus.com), and an increase in demand for exchange-traded funds (as predicted by Matrixport).
There are warnings to consider. Some posts on X indicate that prices above $100,000 could be a potential peak, with expectations of a correction to lower levels such as $92,000-$95,000. History shows that Bitcoin has experienced significant volatility after strong rises, as seen in 2021 when it reached $68,789 and then declined (according to paxful.com).
Opinion: The current rise is supported by strong economic and market factors, but volatility is expected. If you are considering investing or taking profits, it may be wise to monitor resistance levels (such as $110,000) and devise a risk management plan.
