Bitcoin, Problem of time 'record high renewal' when surpassing 109,000 dollars

Bitcoin breaking through the 109,000 Dollar resistance line suggests that a new all-time high is only a matter of time. The cryptocurrency specialist media Cointelegraph reported this on the 25th (local time), citing technical analysis from market experts.

Michael Van De Poppe emphasized that "Bitcoin could undergo a short-term correction after absorbing liquidity around 108,000 Dollars," and that "to continue the upward trend, it must clearly surpass the 109,000 Dollar range."

Another analyst, AlphaBTC, also explained that "Bitcoin is currently near the 109,000 Dollar liquidity range, and the key is whether it can break through and stably support this price."

In the market, if the resistance line is broken, there is a strong outlook that investment sentiment will rapidly strengthen, and Bitcoin is likely to set a new all-time high.