Bitcoin (BTC) is consolidating above $120,000, indicating a positive trend. Fidelity analyst notes BTC is mid-adoption curve, leaving room for growth. Three key crypto legislations passed in the US House boosted market sentiment, reaching a high of $4 trillion in market cap, now at $3.85 trillion. Ether (ETH) leads altcoins higher, signaling an altseason.
Bitcoin price prediction: BTC’s shallow pullback shows bullish sentiment, with potential to surge to $150,000 if price breaks $123,218. Bears need to push price below $110,530 to gain control. BNB breaks resistance at $698, aiming for $794. Stellar (XLM) faces resistance at $0.51, could target $0.80. Litecoin (LTC) struggles to hold above $107, may dip to $93. Ethereum Classic (ETC) breaks resistance at $21.70, aiming for $27.
Read more at CoinTelegraph: Bitcoin Drop Gives Way to XLM, LTC, ETC, BNB Altseason