CandleFocus Bitcoin Price Breaks New ALL-Time-High In Coming Week
2024-12-15
Author: Content Editor
Bitcoin is on the cusp of breaking its all-time high, with traders predicting a 10-12% rally if it surpasses the resistance level of $103,000. Renowned trader Captain Faibik believes that a breakthrough at this level could push the price of Bitcoin up to $113,000. The cryptocurrency has been showing bullish momentum with higher lows and an ascending trendline. In addition, Bitcoin ETFs have seen a 13-day inflow streak, with BlackRock leading the way by accumulating over 500,000 BTC. This growing interest from Wall Street investors and geopolitical tensions have contributed to Bitcoin's price surge.
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