Bitcoin’s Path: Can It Break Through Resistance & Reach $125k?

Is Bitcoin’s price poised for a new all-time high? While it touched the $109,000 mark earlier this year, many are questioning whether this was a peak. The crypto world is abuzz with analysis of Bitcoin’s trajectory, particularly around its potential to break through resistance levels and reach previously uncharted territory. Crypto market analysts at Cryptonary offer insights into Bitcoin’s near-term and long-term prospects. Their analysis suggests the market might remain range-bound between $85,500 and $98,920 until late July before a potential dip towards the low $80K area. However, if it breaks through resistance at around $98,920, it could surge toward new highs.