Bitcoin Teeters on Edge of New All-Time High—Will It Break Through in 24 Hours?
Crypto markets hold their breath as BTC flirts with record levels. Whispers of institutional FOMO clash with trader PTSD from last year’s 40% crash.
Key factors at play:
- Spot ETF inflows hit $1.2B this week alone
- Miner reserves dwindle to 2020 levels
- Tether’s printer goes brrr (again)
Wall Street analysts suddenly care about ’digital gold’—just as their traditional portfolios tank. Whether this rally has legs or just another bull trap, one thing’s certain: someone’s about to get rekt.
Bitcoin is flashing a strong bullish signal after successfully retesting its 1-week 50 EMA — a MOVE that has historically preceded every all-time high (ATH).
According to popular crypto analyst CrypNuevo, BTC could soon break into uncharted territory. If history repeats, ethereum and altcoins may follow with explosive gains.
BTC Price Surges 25% in a Month, Set for New All-Time High?
The crypto market is heating up. In the past 30 days,, and it has gained over.
The key breakout? A clean bounce off the— a historically bullish pattern that has marked the start of every major BTC rally.
CrypNuevo believes a new ATH is imminent, supported by strong technicals and growing momentum.
Altcoin Rally Next? ETH, XRP, BNB, SOL Show Strength
While Bitcoin leads,. In the past 7 days:
- Ethereum: +39.7%
- Solana (SOL): +20%
- BNB: +13.1%
- XRP: +11.1%
Ethereum’s surge is notable. Despite its rise, it’s still recovering from earlier losses. ETH is down, while BTC remains up.
CrypNuevo notes that once bitcoin dominance peaks, altcoins will likely pump harder — especially Ethereum.
BTC Dominance Dips After May Peak
Bitcoin’s dominance peaked at. Since then, it’s dropped to, suggesting an altcoin breakout could be near.The setup is clear:. The 50 EMA bounce could be Bitcoin’s launchpad to new highs. With altcoins gaining momentum and BTC dominance falling, amay soon follow.
