Bitcoin is holding steady above $118,000 despite the recent ups and downs in the market. As of now, Bitcoin is trading at $118,274 and showing signs of strength after brushing off selling pressure and minor pullbacks earlier this week. This comes at a time when investors have been watching closely to see whether the crypto king will break out or buckle under volatility.
$132K Could Be Next, But Watch for Confirmation
The next target could fall between $127,000 and $132,000. However, they warn that confirmation is key before getting too excited. The crypto market has a history of sudden reversals, so it’s important to wait for a strong breakout before calling the next leg up.
Altcoins Warming Up for Their Turn
Altcoins are already starting to show early signs of life. XRP is bouncing, Ethere