Crypto:
36638
Bitcoin:
$91.321
% 2.13
BTC Dominance:
%58.6
% 0.05
Market Cap:
$3.11 T
% 1.94
Fear & Greed:
28 / 100
Bitcoin:
$ 91.321
BTC Dominance:
% 58.6
Market Cap:
$3.11 T

Bitcoin At A Crucial Threshold: New All-Time High On The Horizon?

bitcoin

The crypto market is on edge as all eyes turn to Bitcoin. Investors are closely watching for any sign of a decisive move, and the past 24 hours have brought renewed excitement.

BTC has once again tested the key resistance level at 106,506$, but has yet to deliver a clear breakout. Without sustained movement above this point, hopes for a new ATH (All-Time High) remain on hold.

Direction In Focus: Key Levels Revealed

Analysts suggest that a confirmed breakout above 106,506$ could ignite a strong bullish momentum in the market. This price level also holds psychological importance for many traders.


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However, in case of a downward move, the support range between 102,495$ – 101,666$ will be crucial. A drop below this area could trigger increased selling pressure, potentially pushing the price down to the 98,774$ – 97,494$ band.

Bitcoin
BTC/USDT pair 4-hour chart.

New Highs Or Deeper Corrections?

Now is a decisive moment for investors. A breakout could open the path to fresh record highs, while a failure to hold key supports might lead to a corrective phase. The coming days will be pivotal for Bitcoin’s next move.


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