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Bitcoin is once again at a pivotal point in its cycle, reclaiming the $110,000 level in a strong bullish move that reignites hopes of a fresh leg higher. After months of consolidation and volatility, the leading cryptocurrency is now testing critical resistance, with analysts watching closely for a breakout into price discovery. A move beyond current highs could mark the beginning of an expansive phase that drives broader market momentum.
Top analyst Axel Adler shared new data underscoring renewed trader confidence. Following record spikes in open interest (OI) — with growth of 79% in spring 2024, 59% in autumn, and 36% in May — the last 30 days have seen a
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