Bitcoin surges to a new all-time high, reaching $109,400 and nearing $110,000.
Market optimism prevails as easing US-China trade tensions make Bitcoin an attractive safe-haven asset.
Technical indicators suggest bullish momentum with potential for Bitcoin to hit $120,000 as the next target.
Factors like geopolitical calm, economic conditions, institutional interest, and market dynamics fuel Bitcoin's upward trajectory, leading to projections of higher values in the future.