ZenithZero
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ZenithZero
@zenithzero
Bitcoin is About to Hit a New High, Will the Altcoin Season Arrive? With the Iran-Israel ceasefire and new highs in US stocks, continuous institutional buying has led to a new high in Bitcoin's net inflow last week, which may drive Bitcoin to start a new upward trend and create a historical high.Bitcoin rose over 6% last week, indicating strong buying around $100,000. Bulls are trying to consolidate their advantage by maintaining prices above $108,000. However, it is worth noting that weekend liquidity is usually low, and breakthroughs should be viewed cautiously. Sellers will return on Monday and try to keep the price within the range of $100,000 to $111,980. Bitcoin's strength has triggered buying in several Altcoins, which have rebounded from their respective support levels. If Bitcoin creates a historical high, some Altcoins will try to break through their upper resistance levels and continue their rebound momentum. [The rest of the translation follows the same professional and accurate approach, maintaining the specific cryptocurrency term translations as instructed.]
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