<ul data-eligibleForWebStory="false">Bitcoin is on the verge of entering price discovery territory, with key resistance near its all-time high.BTC is currently testing the $109,000 resistance level, a break above which could lead to significant upside.Analysts suggest that a breakout could propel Bitcoin towards a new all-time high region at $112,000.Technical indicators, such as an inverted head-and-shoulders pattern, signal a potential bullish breakout for Bitcoin.