🚀 Bitcoin reaches $122,309 and ignites the crypto market
Today, BTC reaches $122,309, with a rise of +3.75% in 24 hours (from the intraday low of $117,784), marking a new all-time high around $122,571 ().
This advance not only strengthens Bitcoin but activates the momentum of the entire market:
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🌟 Positive impact on Altcoins
• Capital flows into altcoins: when BTC shines, investors rotate profits into high-potential tokens like ETH, XRP, SOL, directly influencing their dynamics .
• Ethereum has already reached $3,059.60, and SOL and XRP report increases of ~3–5% .
• BTC dominance at ~64%, a level that paves the way for “altseason” if it drops below 60% .
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📊 What drives this rally?
1. Increased institutional participation: record inflows in ETFs, backed by imminent regulation and “Crypto Week” in Washington .
2. State strategic reserves: the U.S. establishes a Bitcoin reserve, increasing its legitimacy .
3. Post-halving cycle: history shows that after halvings, BTC leads rises and then altcoins take over .
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📌 Key opportunities
• #1: If BTC stays above $120K and stabilizes its dominance, altcoins will be the next wave.
• #2: Assets like ETH, SOL, XRP, and ARB show strong technical structures and fundamental catalysts ().
• #3: Possible targets for this cycle:
• ETH towards $3,500+
• SOL and $XRP with potential gains of 2–5x
• Social rockets like ARB and memecoins based on sentiment .
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💡 Recommended strategy
• Buy $BTC BTC on consolidation between $118K–$122K.
• Path towards altcoins: wait for BTC consolidation confirmation and then rotate a moderate % of profits to $ETH or leading alts.
• Risk management: place stop-loss on BTC below $116K and on altcoins according to their technical support (e.g., ETH < $2,900).