<ul><li>Bitcoin recently reached $108,000, close to its all-time high at $109,000, but has yet to confirm a clear breakout into price discovery.</li><li>Compression is building up on the daily timeframe, hinting at a potential major breakout, but caution remains until the breakout is confirmed.</li><li>Bitcoin faces resistance near its all-time high, and how it handles the $109K level will determine the market direction in the near term.</li><li>Technical indicators show Bitcoin trading within a tight range, with $103,600 as a crucial support level and $108K as a resistance to watch for potential breakout or pullback.</li></ul>

Bitcoin Daily Chart Compression Mirrors 2018 Setup – On The Edge Of A Breakout?

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