Bitcoin enters a breakout zone that historically has been followed by sustained explosive rallies.
Key takeaways:
The Bitcoin Quantile Model shows “heat” with price on the verge of an “acceleration phase,” echoing Q4 2024 when BTC embarked on a 45% post-election rally.
Bitcoin (BTC) price has formed a new intraday high on each daily candle this week, with the crypto asset slowly grinding toward a new all-time high. In line with its current trajectory, 21st Capital co-founder Sina noted that Bitcoin is approaching a pivotal moment around the $108,000 level.
