Bitcoin’s recent price movement has encountered significant resistance at the 110,000 USD level following profit-taking. Analysts suggest that if Bitcoin stabilizes above key support, altcoins such as BNB, SOL, LINK, and AAVE may gain momentum.
Predictions highlight the potential for Bitcoin to reach new highs, especially with anticipated increases in US national debt. Historical trends show that government spending can positively impact Bitcoin pricing, leading analysts to remain optimistic about future price activities.
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