Bitcoin Nearing All-Time High, Stable Yet Limited Short-Term Upside

Bitcoin is trading at $109,603, with a slight decline of 0.16% in the past hour but showing modest gains over the last 24 hours and the past week. Its current price remains close to its all-time high of $111,814, just 1.97% below this peak. The overall market cap stands at $2.17 trillion, with a daily trading volume of nearly $30 billion. The recent price movements suggest stability but also indicate that Bitcoin is approaching its historical maximum, which could imply limited short-term upside but strong long-term resilience.