Can Bitcoin Reach $108,000? A Technical and Fundamental Analysis
Bitcoin (BTC) has shown explosive momentum in recent days, leading to speculation that it could reach the monumental $108,000 level within this week. Let’s break down the key factors supporting this short-term surge. 1. Recent Market Momentum BTC recently broke above critical resistance levels, such as $50,000 and $75,000, fueled by: Institutional Buying: Large-scale purchases…