A crypto analyst believes that Bitcoin has reached a key trigger point that could lead to a major rally and potentially a new all-time high.
Bitcoin is facing resistance at a critical price level of $91,375, which it needs to break decisively to continue its upward trajectory.
If Bitcoin successfully breaks above this level, it could trigger a strong uptrend, with the potential to reach $109,588 and surpass previous all-time highs.
On the other hand, a rejection at the resistance level could lead to a deeper price correction, with several support levels identified at $85,076, $82,360, and $76,606.