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Analyst: Bitcoin Continues to Hit New Highs Inevitable, May Happen Within the Next Week

Summary: According to reports, with liquidity accumulating near historic highs, the price of Bitcoin is hovering around $107,000. Analysts suggest that the reversal of the support/resistance level at $109,000 seems 'inevitable' for the bulls, indicating that Bitcoin hitting new highs is now a certainty. Michael van de Poppe, founder of MN Capital, stated that after some ...

According to reports, with liquidity accumulating near historic highs, the price of Bitcoin is hovering around $107,000. Analysts suggest that the reversal of the support/resistance level at $109,000 seems 'inevitable' for the bulls, indicating that Bitcoin hitting new highs is now a certainty. Michael van de Poppe, founder of MN Capital, stated that after some liquidity is withdrawn around $108,000, BTC may experience a slight pullback before breaking through the historic highs, with the possibility of Bitcoin reaching a new all-time high even within the next week.

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