Bitcoin Soars to New Highs Amid Bullish Crypto Rally

Bitcoin has hit a new all-time high of $124,500, with predictions that its next move could either be a major surge or a pullback as altcoins enter a 'mania' phase, potentially leading to a temporary dip in Bitcoin's price. Experts suggest that after this altcoin rally, Bitcoin may resume its upward trend, especially as Bitcoin dominance declines and DeFi assets gain popularity. The market is at a pivotal point, with significant shifts expected between Bitcoin and altcoins.