Bitcoin’s Path to New All-Time Highs Hinges on Breaking Key Resistance
- Bitcoin must surpass the $101,000 resistance level to potentially reach new all-time highs.
- The current Bitcoin price is $96,127.
- Analyst DonAlt notes an improving market structure but advises caution before celebrating.
- Bitcoin shows resilience despite a security breach at Bybit and a stock market sell-off.
- Ethereum is trading below its perceived fair value of $2,800, currently at $2,647.
Analyst DonAlt suggests Bitcoin could achieve new highs if it breaks through the $101,000 resistance. Despite recent challenges in crypto and traditional markets, Bitcoin remains strong at $96,127. Ethereum trades below its fair value at $2,647.
Source (2.6)https://dailyhodl.com/2025/02/22/break-that-and-we-start-marching-upwards-again-trader-unveils-last-hurdle-between-bitcoin-and-new-record-high/?rand=59076