Bitcoin market participants are anticipating a resistance trend line breakout, eyeing a target of $125,000. Altcoins are in focus as Bitcoin consolidates, with Ether reaching seven-month highs. Traders expect upside potential across altcoins, with many not yet following Ether’s rebound. Bitcoin is trading around $18,500, with a potential breakout imminent.

Traders are predicting a Bitcoin breakout to $125,000, with resistance at $123,000. Altcoins are gaining attention as Bitcoin consolidates, with Ether leading the way. Analysts believe there is still room for upside potential in altcoins, despite Ether’s recent rebound. Bitcoin is currently trading around $18,500, preparing for a major move.

Ether has reached a seven-month high, trading above $3,750 for the first time since December 2024. Altcoins are gaining momentum as Bitcoin consolidates, with Ether leading the way. Analysts are bullish on the potential for further gains in altcoins, with Ether setting the pace. Bitcoin is trading around $18,500, poised for a breakout to $125,000.

Read more at Cointelegraph: Bitcoin, Ether Tipped For Upside As ETH Hits 7-Month High