Bitcoin, the largest cryptocurrency by market capitalization, has remained above the $100,000 price level for more than a week. This sustained performance marks a significant milestone for the digital asset, which recently saw its price rise above $105,000 at the beginning of the week. Chart analysts are observing that bitcoin is now approaching its next key resistance level, which stands just below its previous all-time high. Resistance levels are price points where selling pressure may increase, potentially slowing or reversing upward momentum. The recent market activity has been characterized by increased trading volumes and heightened investor interest, as participants monitor whether bitcoin can break through this resistance and set a new record high. Historically, surpassing major resistance levels has led to periods of increased volatility and further price movement. The cryptocurrency market remains sensitive to macroeconomic factors, regulatory developments, and broader adoption trends, all of which may influence bitcoin's price trajectory in the coming weeks.