🚀 Bitcoin Breaks New Highs
Bitcoin (BTC) has surged to $0.000114, surpassing its historical peak. The market now differs significantly from the 2021 cycle, with BTC spot ETFs approved and Trump’s crypto-friendly influence. BTC is finally breaking out after months of stagnant prices.
📊 Analysts’ Insights
Daan Crypto Trades noted a sharp rise in Open Interest with minimal price movement, suggesting a pattern of short-term overheating followed by quick drops and rebounds. Jelle believes patient holders are now being rewarded, forecasting BTC to reach above $100,000 soon.
📈 Positive Market Sentiment
US stocks opened on a positive note, with MicroStrategy accumulating more BTC. Rising prices and Trump’s return may attract new retail traders. Meanwhile, Coinbase shares jumped above $300, reaching levels last seen during BTC's ATH in November 2021.
🔥 Solana (SOL) on the Rise
Solana (SOL), Ethereum’s top competitor, is currently trading at $219. Phoenix highlighted that SOL recorded its highest weekly close in nearly three years, setting targets between $259 to $415. A potential new peak could reach $511, despite market volatility, signaling an exciting journey ahead.
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