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.
- Content Editor ( coinpedia.org )
- 2024-12-15
Bitcoin Price Breaks New ALL-Time-High In Coming Week