Bitcoin (BTC) is on the rise, nearing $123,900 with solid demand from bulls and $2.25 billion in ETF inflows, hinting at a potential new all-time high of $124,474. Analysts predict a surge to $150,000 by year-end. Meanwhile, altcoins like BNB are also poised for a recovery.

While some caution of bearish signs on BTC, a potential rally could impact altcoins. BTC’s move above $117,500 signals bullish control, with a potential rally to $141,948 if it breaks above $124,474. Similarly, Ether (ETH) and XRP show positive signs, with resistance levels and support zones to watch.

BNB, SOL, DOGE, ADA, and other cryptocurrencies are also showing positive signs of recovery and potential price movements. Each coin has its own resistance levels and support zones to monitor for potential breakouts or corrections. The crypto market remains dynamic, with opportunities for both buyers and sellers to consider.

Read more at Cointelegraph: Bitcoin Chases New All-time Highs, Altcoins Gear Up to Follow