Bitcoin Aims for $320,000: Critical Resistance at $109,400 Must Hold
Bitcoin continues to showcase bullish momentum, despite a slight correction following a high mark of $105,000. The digital asset’s prolonged position above $100,000 has bolstered the belief that this rally is genuine, indicating that higher prices may soon follow. Traders and investors are turning their attention to the key resistance level of $109,400. Holding above this level may pave the way for Bitcoin to pursue ambitious targets, while a dip could introduce market concerns. Close monitoring of price action is essential as Bitcoin’s trajectory could influence the broader cryptocurrency market.