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All Eyes on the $108,900 Level as Bitcoin Enters Final Stretch to New ATH


Izabela Anna
для CoinEdition
Bitcoin price analysis showing BTC at the final $108,900 resistance, poised for a new all-time high in the coming hours
  • Bitcoin holds strong at $107K as it enters the final stretch to test its all-time high
  • Analysts predict a new ATH is imminent, with all eyes on the final $108,900 resistance
  • A massive short squeeze is adding fuel to the upward momentum as bulls take full control

Bitcoin’s recent price action signals that a major move may be on the horizon. After clearing crucial liquidity levels, Bitcoin appears ready to challenge its final resistance before setting a new all-time high.

This momentum comes amid increased market activity, significant liquidations, and cautious technical indicators. With bulls eyeing the $108,900 mark, the coming days may prove pivotal. 

What Is the Final Hurdle for a New All-Time High?

Bitcoin surged past the $105,797 resistance level, confirming strong bullish sentiment in the market. As of press time priced at $107,538, the asset reflects a 1.72% gain in the past 24 hours and a 2.70% increase over the last week. 

This upward movement aligns with van de Poppe’s analysis, who emphasizes the importance of the $108,900 region as a critical resistance. Breaking this zone could trigger a rally towards new all-time highs.

However, …

The post All Eyes on the $108,900 Level as Bitcoin Enters Final Stretch to New ATH appeared first on Coin Edition.

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All Eyes on the $108,900 Level as Bitcoin Enters Final Stretch to New ATH


Izabela Anna
для CoinEdition
Bitcoin price analysis showing BTC at the final $108,900 resistance, poised for a new all-time high in the coming hours
  • Bitcoin holds strong at $107K as it enters the final stretch to test its all-time high
  • Analysts predict a new ATH is imminent, with all eyes on the final $108,900 resistance
  • A massive short squeeze is adding fuel to the upward momentum as bulls take full control

Bitcoin’s recent price action signals that a major move may be on the horizon. After clearing crucial liquidity levels, Bitcoin appears ready to challenge its final resistance before setting a new all-time high.

This momentum comes amid increased market activity, significant liquidations, and cautious technical indicators. With bulls eyeing the $108,900 mark, the coming days may prove pivotal. 

What Is the Final Hurdle for a New All-Time High?

Bitcoin surged past the $105,797 resistance level, confirming strong bullish sentiment in the market. As of press time priced at $107,538, the asset reflects a 1.72% gain in the past 24 hours and a 2.70% increase over the last week. 

This upward movement aligns with van de Poppe’s analysis, who emphasizes the importance of the $108,900 region as a critical resistance. Breaking this zone could trigger a rally towards new all-time highs.

However, …

The post All Eyes on the $108,900 Level as Bitcoin Enters Final Stretch to New ATH appeared first on Coin Edition.

Читать материал на CoinEdition

Читать больше

Bitcoin (BTC) Price Prediction for June 27

Bitcoin (BTC) Price Prediction for June 27

After a powerful rebound from sub-$99,000 levels earlier this week, the Bitcoin price...
Bitcoin's Bull Case Strengthens as Dollar Index Slides, Nvidia Hits Record High Amid Recession Cues

Bitcoin's Bull Case Strengthens as Dollar Index Slides, Nvidia Hits Record High Amid Recession Cues

Bitcoin's price has rebounded nearly 10% from weekend lows, with traditional markets ...