According to a crypto analyst known as Rekt Capital, Bitcoin (BTC) may be on the verge of reaching new all-time highs. The analyst suggests that BTC is exiting a corrective phase and entering a price discovery phase based on historical patterns. The confirmation signal needed for this transition is breaking the old all-time highs and a major resistance on the weekly time frame, specifically the $104,671 level. If Bitcoin can overcome this level, it may start a bullish rally. Currently, Bitcoin is trading at $103,621.



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