The cryptocurrency market is abuzz as Bitcoin (BTC) has broken through the crucial $4,500 mark. This significant milestone indicates strong bullish sentiment and hints at a potential new all-time high (ATH). Leading crypto analysts are offering insights into how this pivotal point could pave the way for further price surges, emphasizing the importance of understanding market dynamics and technical levels. According to Glassnode co-founders Jan Happel and Yann Allemann, Bitcoin’s path towards a new ATH is characterized by two key hurdles. First, it needs to reclaim the formidable $103,000 mark. This psychological barrier signifies strong bullish momentum and could signal a significant shift in market sentiment. Overcoming this level would pave the way for further upward movement. A decisive break above $106,000 is another critical threshold that could trigger a rapid acceleration in price. If achieved, we might witness Bitcoin surging towards the $110,000 to $113,000 range. This tiered approach, highlighting sequential milestones over sudden leaps, offers a clearer picture of Bitcoin’s potential trajectory. Altcoin performance is closely tied to Bitcoin’s progress. As Bitcoin strengthens, major altcoins like Ethereum (ETH) are likely to follow suit. This phenomenon known as ‘altcoin season’ typically occurs once BTC establishes dominance and confidence spreads through the market. When Bitcoin consolidates or experiences strong upward moves, investors often look for higher percentage gains in other cryptocurrencies. Historically, during bull runs, as Bitcoin clears resistance levels, many altcoins have seen exponential growth in subsequent weeks.