#BTCNextATH
That’s a compelling observation. Bitcoin surging past $106K marks a major psychological and technical milestone — and yes, it could very well be the beginning of a new bull rally, especially if institutional interest, ETF inflows, and macroeconomic factors like inflation hedge narratives remain strong.
Possible Indicators of a Rally:
Post-halving momentum (April 2024 halving effects kicking in)
Institutional buying (BlackRock, Fidelity, etc.)
Retail FOMO returning
Geopolitical or inflation-related uncertainty driving demand for "digital gold"
However, watch for:
Regulatory moves (especially under the new U.S. administration)
Whale profit-taking
Altcoin rotations and market overheating
Prediction 👇👇
If this momentum holds and breaks the previous resistance around $105K–$107K, $120K–$135K could be a short-term target. But expect volatility.
Here’s a custom chart showing Bitcoin’s price momentum, key resistance at $107K, support around $96K, and a target zone between $120K–$135K.
