Bitcoin Smashes Another All-Time High as Crypto Analyst Says ‘Breakout Confirmed’ for BTC
One widely followed crypto analyst says that Bitcoin (BTC) is convincingly breaking out and on track to have a series of big rallies after printing a new all-time high Wednesday of about $94,800.
Pseudonymous crypto analyst Rekt Capital tells his 505,900 followers on the social media platform X that Bitcoin appears to have entered the most explosive phase of the market cycle based on historical precedence.
“The BTC dip is over. The first price discovery uptrend continues.”
Crypto traders and analysts refer to price discovery as a situation where a coin trades at levels never seen before or not in seen in a long time.
After convincingly breaking out through the $91,070 level, Rekt Capital says that…
