Bitcoin Breaks Records, Setting Stage for Explosive Altcoin Movements

Cryptocurrency markets are experiencing a resurgence as Bitcoin (BTC) breaks new records, igniting movement in the altcoin space. As of the time of writing, BTC is trading just below its all-time high at $111,730. Analysts are closely observing and predicting this current market cycle, utilizing various chart analyses to understand where Bitcoin and the broader crypto market might be headed next.