Bitcoin price inches closer to new all-time high as ETH, DOGE, PEPE and ATOM rally
Bitcoin (BTC) surpassed $100,000, indicating bullish momentum with a 10% weekly gain. The rally is supported by significant inflows into BlackRock's Bitcoin ETF, totaling $1.03 billion over the past week. Analysts suggest an altseason may be starting, though some remain skeptical due to modest altcoin gains. Bitcoin is approaching its all-time high of $109,588, with potential for a surge to $130,000 if it maintains support above $100,000. Ether (ETH) rose from $1,808 to $2,600, with support levels at $2,320 and $2,111. Dogecoin (DOGE) broke above $0.21 but faces resistance at $0.26. Pepe (PEPE) rallied past $0.000011, while Cosmos (ATOM) closed above $5.15, signaling potential upward momentum. Each cryptocurrency shows signs of possible corrections or consolidations, with critical support levels identified for future price movements.
