Bitcoin is above 100,000 USD, signaling altcoin season starts

Bitcoin remains bullish in the market: Analyst Josh from Crypto World suggests that Bitcoin is solidly in a bullish phase. Its weekly RSI indicates a strong uptrend similar to previous bull markets, projecting potential growth into 2025.

KEY resistance and support levels identified: Currently, Bitcoin faces resistance at 102,000 USD and may increase towards 113,000 USD if it breaks this level. Support is established around 89,000 USD, indicating potential short-term sideways Movement.

Liquidity levels might trigger price surges: Notably, significant liquidity clusters between 104,000 USD and 105,000 USD could lead to price surges if crossed. Bitcoin dominance has dropped to 55%, indicating a potential rise in altcoins.