🚨 $107K or $135K? Bitcoin Approaches a Pivotal Moment
🚀 Bitcoin just hit a fresh record high of $111,999 (July 10) — driven by renewed risk appetite and growing optimism around potential Fed rate cuts later this year.
📊 But here’s where it gets even more interesting…
$BTC dominance has now reached 65%, testing the same resistance level from 2020 — the one that preceded a historic breakout.
🔻 At the same time, technical analysts are spotting a multi-week fractal pattern, suggesting a possible dip below $107K before the next leg up to $135K.
🔁 Will history repeat itself, or is this bull run charting new ground?
🌐 As institutional inflows accelerate and macro sentiment improves, Bitcoin’s next move could shape the broader crypto market for months ahead.
#Bitcoin #CryptoMarkets #Blockchain #FedRateCut #MarketTrends
https://coingape.com/markets/107k-or-135k-whats-next-for-bitcoin-price-as-btc-dominance-approaches-2020-resistance/?utm_source=bnb&utm_medium=coingape