Bitcoin Teeters on Edge of Explosive Breakout—Analysts Predict Run Toward All-Time Highs
BTC’s price action coils like a spring at critical resistance—traders brace for volatility as bullish momentum builds.
Technical indicators flash green: RSI holds steady, volume creeps upward, and whales accumulate while retail sleeps. ’This isn’t hopium,’ says one chart-watcher. ’The setup mirrors Q4 2020 before the last parabolic rally.’
Meanwhile, Wall Street ’experts’ still can’t decide if crypto is a scam or the future—so they’re quietly loading bags behind closed doors.
While momentum remains strong, the resistance zone has yet to break cleanly. Rekt Capital cautions that Bitcoin may need to revisit support levels below the six-figure mark to build the foundation for a sustained rally.
READ MORE:
He points to the $97,000 area as a potential retest zone, particularly if BTC fails to clear $104,500 in the NEAR term. A successful bounce from that level, turning it into confirmed support, could mirror Bitcoin’s behavior during previous post-halving phases and trigger a renewed upward trajectory.
The next few weekly closes may prove decisive as bulls attempt to push bitcoin into its next cycle of growth.
