With Bitcoin dominance surging to 57% and investor sentiment in the Extreme Greed territory, the rally shows no signs of slowing down. Ethereum, riding the wave of bullish momentum, is also gaining ground, pushing past the $4,000 mark. But the big question remains: Can Bitcoin sustain this momentum and hit the next key threshold of $115K before 2025 starts. And another question is whether Ethereum is primed to follow suit with its own record-breaking breakout. Read on to find it out.
Bitcoin Market Momentum: Bulls Push BTC Near Key Resistance LevelsSource: ChangeNOW
Bitcoin is trading between $97296 and $107956, with bulls showing strength. The nearest resistance is $111730, while support sits at $90411. BTC’s price has climbed 9.84% in 1 week, 18.65% in a month, and 64.54% over 6 months. The RSI at 62.15 suggests moderate upward momentum, backed by strong Stochastic at 88.99. If bulls break $111730, Bitcoin could aim for $122389, marking a potential 13%-26% rise.
Current indicators align with optimism for growth. BTC is accessible on platforms like ChangeNOW, where users can buy the coin with no registration or hidden fees.
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