Bitcoin Hits All-Time High, But Could a Correction Be Near?
Bitcoin has just broken another record, reaching a staggering price of $104,634. While this is undoubtedly exciting news for many crypto enthusiasts, it's important to consider the potential for a market correction.
Currently, Bitcoin is testing the $102,365 support level. If it fails to hold this level, we could see a dip towards the $98,600 - $97,178 range. However, if Bitcoin manages to break through the $105,856 resistance, we may see further upward momentum.
As always, it's crucial to approach the cryptocurrency market with caution and conduct thorough research before making any investment decisions.