<ul><li>Bitcoin surged to $108,000, its highest level in four months, just 1% below its all-time high of $109,114.</li><li>Key support levels for Bitcoin are at $105,565 and $104,068, with a breakout potentially driving BTC towards $110,000.</li><li>On-chain data shows a decline in Bitcoin supply on exchanges to 7.1%, indicating more investors are holding BTC for long-term storage.</li><li>Technical analysis suggests a bullish trend for Bitcoin as it trades near $106,483, supported by Fibonacci retracement levels and positive MACD indicators.</li></ul>

Bitcoin Surges to $108K After 4 Months; Will BTC Break ATH or Face a Pullback?

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