Bitcoin's price has reached $107,000 as liquidity builds around the all-time high. Analysts suggest a critical price level of $109,000 must be breached for bullish momentum to continue, indicating that a new record high is now ‘inevitable.’ Over the weekend, Bitcoin experienced a modest gain, reaching $108,000. After liquidating some positions at this level, analysts predict a possible pullback before breaking new highs. A significant liquidity cluster is forming at $109,000, with interest between $109,200 and $111,000. Traders note that if sufficient buying power exists to surpass this $109,000 mark, a substantial upward movement could ensue, pushing the price back into uncharted territory. Some analysts even believe an imminent breakout could occur within the week. This pivotal price zone is viewed as a psychological boundary impacting market sentiment.

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