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DecentBoy876

07/11 03:40

Here’s Why the Crypto Market Is Up Today Bitcoin

Here’s Why the Crypto Market Is Up Today

Bitcoin just smashed through its previous all-time high and is now cruising above $112,600. 

Ethereum price is creeping right up to a major breakout level at $2,867, and a bunch of altcoins, like SUI and XRP, are exploding with momentum of their own.

Analysts like JA Schwab, CryptoPatel, WorldOfCharts, and Crypto Rand have been tracking these moves closely, and based on the charts they’ve shared, things are starting to look really bullish across the board.

Bitcoin Breaks All-Time High, Next Stop: $133K?

Bitcoin has been coiling for weeks, stuck in a tight range between $104K and $108K. But once it broke out of that range, it didn’t waste any time, the price surged past its previous high and now has its eyes on $133K.

That target comes from a measured move setup, according to JA Schwab. The structure looks solid, and BTC is trading well above its moving averages. As long as price stays above $108K–$110K, bulls are still in control.

Ethereum Is Right on the Edge of Something Big

ETH price hasn’t broken out just yet, but it’s super close. CryptoPatel spotted a massive inverse head-and-shoulders pattern forming since February. 

The neckline sits at $2,867, and ETH is testing just below it. If that level breaks with good volume, the chart suggests ETH price could make 1752205143910.png


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