Bitcoin Set to Surge if Key Resistance Level is Broken
- Bitcoin is trading at $108,819, just under 3% below its all-time high of $112,000.
- The analyst known as Sherpa suggests Bitcoin will rally if it surpasses the $110,000 mark.
- Sherpa predicts Ethereum could rise by 50% in the coming months and potentially reach $10,000 long-term.
- Ethereum is currently priced at $2,643.
- Solana’s bullish outlook depends on Bitcoin’s price action; it is trading at $174.
Bitcoin’s potential surge past $110,000 could influence Ethereum and Solana prices significantly. Ethereum might see a substantial increase if Bitcoin maintains its momentum.
Source (2.6)https://dailyhodl.com/2025/05/29/bitcoin-primed-to-send-pretty-hard-once-btc-breaks-above-major-resistance-level-according-to-crypto-trader/?rand=59076