$BANANAS31 Strong recent price surge while the price is above key moving averages it's also approaching a previous resistance level suggesting potential volatility after such a rapid gain.
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Bitcoin is one step away from a new all-time high!
This week, BTC hit $105,000 and closed the week at a record high of $106,516 — just inches away from its all-time high of $109,224 set back in January.
Why the pump? • Expectations of U.S. interest rate cuts • Big institutions like BlackRock entering the market • Positive regulatory news from Congress
Will we see a new ATH? Momentum looks strong, and many analysts believe BTC could break $110K soon!
Your take: Will Bitcoin hit a new all-time high this week? Or are we due for a correction?