Bitcoin has reached a new all-time high of $109,699 and is approaching the milestone of $110,000. This has caught the attention of investors due to sustained market conditions and renewed institutional interest. Coin Days Destroyed (CDD) has shown a significant cooldown, indicating reduced selling pressure from long-term holders and a more stable price trajectory. Smaller investors are accumulating Bitcoin, which is seen as a positive sign for its recovery. The recent high was fueled by strong market fundamentals and investor sentiment, and if momentum continues, Bitcoin could breach $110,000. To secure its ascent, Bitcoin must establish $105,000 as a strong support level, otherwise a retracement towards $100,000 could occur.



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