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Coin Telegraph

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Image Credit: Coin Telegraph

Bitcoin 'blow-off top' set at $128K with new all-time highs in sight

  • Bitcoin surged to over $108,000, reaching new four-month highs with potential for near-term upside targets of $128,000.
  • Traders and analysts mention support levels at $90,000, but the likelihood of a retest is diminishing as BTC price hovers near all-time highs.
  • Key support zones include various moving averages, the $100,000 mark, and the 2025 yearly open, enhancing Bitcoin's overall recovery.
  • Analysts predict Bitcoin to move towards $128,000 next, with targets extending up to $200,000, while noting support areas at $105,000 and $96,000.

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