Bitcoin Surges Past $107K as Bullish Momentum Grows: Here is Everything you Need to Know

TL;DR Bitcoin broke above $108,000, driven by perpetual futures buying and short position pressure, posting a weekly gain of over 3. 3%. BTC trading volume surged more than 30% in 24 hours, though analysts warn that high leverage levels could stall the rally’s momentum. The $106,500–$107,000 zone remains a key resistance; a firm close above that. . . source: https://crypto-economy.com/bitcoin-surges-past-107k-as-bullish-momentum-grows-here-is-everything-you-need-to-know/