$ADA

Bitcoin is experiencing strong upward momentum, trading around $110,000 after breaking through the resistance level of $109,000. Technical indicators, such as the Relative Strength Index (RSI) at 60, suggest that the positive momentum will continue without entering the overbought territory. The price is moving above the 50-day moving average, reinforcing the upward trend. The key support level at $105,000 may protect against any correction, while the next resistance at $113,000 could be the next target. Factors such as increased institutional investment support optimism. It is advised to monitor trading volumes to confirm the continuation of the rise.