<ul data-eligibleForWebStory="false"><li>Bitcoin is trading at $109,053, down by 1.08% in 24 hours with a trading volume of $47.54 billion, marking a 14.89% decrease.</li><li>Technical indicators hint at a potential surge post a three-wave pullback. Focus may shift to support if a trend reversal occurs.</li><li>Market analysts suggest that Bitcoin's position is crucial at the current support levels. However, concerns arise due to weak support below the market peak.</li><li>Bitcoin's trading volume decreased by 24.91% to $72.80 billion, and open interest fell by 2.09% to $75.24 billion, indicating market uncertainty and split sentiments among traders.</li></ul>

Bitcoin’s Critical $109,000 Support: Will It Hold or Face a Major Collapse?

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