Bitcoin Reaches New Highs Amid Strong Institutional and Technical Momentum
TL;DR Summary
Bitcoin reached a new all-time high above $119,000, triggering significant short liquidations and sparking optimism for further gains, potentially up to $135,000-$140,000, if key resistance levels are broken. Traders are watching support around $115,000 and resistance near $120,000, with some expecting a continuation of the recent seven-week discovery uptrend.
- Bitcoin hits new all-time high above $119K as trader eyes 7-week uptrend Cointelegraph
- Bitcoin ETFs saw second-highest inflows ever on Thursday MarketWatch
- Bitcoin's latest jump to record highs sets it up for another 14% rally, technical analyst says Business Insider
- Institutional Investors Push Bitcoin’s (BTC) Price to All-Time High TipRanks
- Bitcoin: Lightning Strikes Twice (Technical Analysis) (Rating Upgrade) Seeking Alpha
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
2 min
vs 3 min read
Condensed
89%
433 → 49 words
Want the full story? Read the original article
Read on Cointelegraph