On Wednesday, Bitcoin's price exceeded $110,000 for the first time, marking a new all-time high for the cryptocurrency. This milestone surpasses the previous record, which was established shortly before the inauguration of President Donald Trump in January. Over the past month, Bitcoin experienced a period of lower prices, but has since rebounded, showing a notable upward trend. Analysts are closely watching key chart levels to assess future price movements and potential volatility. The surge in Bitcoin's value reflects ongoing interest from investors and may influence broader trends in the cryptocurrency market. Historically, significant price milestones in Bitcoin have been associated with increased trading activity and market attention.