#BTCBreaksATH Just yesterday, the excitement in the crypto market was palpable as anticipation built ahead of President Donald Trump’s inauguration. Bitcoin, for one, soared to all-time highs near the $110,000 price point as most altcoins posted sizable gains.
But fast-forward to a little less than 24 hours later, and all this excitement appears to have fizzled. Most assets, including Bitcoin, have shed most of their gains. Further deepening the concern.Bitcoin has shattered its all-time high, reaching $106,500 just a few hours ago, setting the stage for an even bigger move. After trading in a sideways range within an ascending triangle for weeks, the price finally broke through the crucial $103,600 resistance level established on December 5. This breakout has sparked renewed excitement, with traders and investors now eyeing Bitcoin’s next potential targets.