Bitcoin price inches closer to new all-time high as ETH, DOGE, PEPE and ATOM rally

From Cointelegraph
May 11, 2025 2:35:00 pm:

Bitcoin continues to hold recent gains, with potential for retest of all-time high at $109,588. BlackRock’s Bitcoin ETF sees 19 days of inflows, indicating strong demand. Altcoins show strength, breaking out of basing patterns. Altseason predicted by some analysts as Bitcoin climbs above $100,000 level with 10% weekly gains.

Bitcoin rally backed by BlackRock’s spot Bitcoin ETF with 19-day inflow streak attracting $1.03 billion. Altcoins also surge, leading to speculation of altseason. Charts show potential for Bitcoin to break all-time high. Ether jumps from $1,808 to $2,600, RSI in overbought territory hinting at minor pullback.

Dogecoin breaks above $0.21 resistance, signaling short-term trend change. Pepe rallies from 50-day SMA to $0.000011, RSI overbought, potential pullback. Cosmos breaks out of base above $5.15, potential trend change. Charts show support levels and resistance for each cryptocurrency.

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