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Bitcoin price is aiming to break range resistance and hit a new all-time high. Will altcoins follow?

The failure of the bears to sink and hold Bitcoin (BTC) below the psychological level of $60,000 appears to have attracted buyers looking to push the price towards range resistance. The current uptrend does not guarantee a range breakout, but it does reduce the likelihood of a sharp correction in the near term.

Bitcoin’s recovery has led to an increase in daily trading volume for U.S. spot Bitcoin exchange-traded funds. Market research firm Santiment announced through

Bitcoin ETFs have been incredibly successful, with 937 professional firms investing as of March 31, according to an The post added that professional investors have acquired $11.06 billion in spot Bitcoin ETFs, representing 18.7% of total assets under management.

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Source: https://cointelegraph.com/news/price-analytic-5-17-btc-eth-bnb-sol-xrp-ton-doge-ada-avax-shib