What recent price highs and lows has Bitcoin seen and what are its support and resistance levels?
Why is this the correct answer?
Highs and lows show the range in which Bitcoin has traded over a recent period, illustrating volatility. The support level is a price floor where buying interest may increase, here near $110,000, while resistance is a ceiling where selling pressure might arise, around $115,000. Recognizing these levels helps beginners anticipate potential price rebounds or pullbacks.
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