Bitcoin (BTC) surged to an all-time high of 126,223 USD, supported by a weakening dollar. This rally has also seen Ethereum’s ether (ETH) rising to 4,700 USD, with notable gains in DOGE and BNB as well.
Jean-David Péquignot, CCO of Deribit, noted the substantial macroeconomic advantages driving this bullish cycle. He projects potential targets for BTC at 128,000-138,000 USD but cautions about possible corrections due to overbought conditions.
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