Bitcoin hits a new all-time high following a 30% increase in a month, reaching a milestone after a period of recovery from a corrective phase.
The recent rally in Bitcoin started last month, with price reaching $97k and closing above March’s high, showing promise for a bullish trend.
BTC broke to a new all-time high today, hinting at a new macro bullish wave, with expectations for altcoins to follow suit after the surge consolidates.
Key levels to watch include the resistance levels at $111,888, $115,000, and $120,000, and support levels at $109,588, $106,457, and $100,718.