Bitcoin is once again pushing toward its all-time high after a strong continuation from the recent breakout. After breaking past $100K, the price is now consolidating below the ATH level, hinting at either a pause before further upside or potential exhaustion as funding and sentiment heat up.
By ShayanMarkets
The Daily Chart
On the daily timeframe, BTC has broken cleanly out of the descending channel and is now pressing into the $108K ATH resistance zone. The price is confidently trading above both the 100-day (orange) and 200-day (blue) moving averages, reflecting strong macro bullishness.
The uptrend remains supported by higher lows and strong momentum, with the RSI trending in the overbought territory near 75. This does suggest potential for a short-term cooldown, but as long as the asset holds above the $100K zone, buyers remain firmly in control. A confirmed daily close above $108K would open the door for price discovery toward the next major psychological level around $115K.
The
We współpracy z: https://cryptopotato.com/bitcoin-price-analysis-is-this-the-final-pullback-before-a-new-all-time-high/
