Bitcoin Nears Record High: Key Market Tests Defining Future

Bitcoin has surged to new heights, approaching its all-time high. This latest ascent brings focus to crucial market tests that could shape the cryptocurrency’s immediate future. Analysts believe this rally is fueled by expanding DeFi applications and increasing institutional investments. The journey towards record highs involves navigating potential challenges, including key resistance levels, CME gaps, and Federal Reserve policy. As Bitcoin pushes toward new peaks, understanding these pivotal moments becomes key for investors navigating the volatile market landscape.