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Bitcoin Technical Analysis: Bulls Charge Toward New All-Time High

Bitcoin’s price on Dec. 15, 2024, has hit a cool $102,513, just a whisker away — 1.2% — from its record-breaking peak of $103,647. The cryptocurrency is on a generally optimistic path, bolstered by solid technical signs and price movements across various charts.

Bitcoin

On the hourly chart, bitcoin is climbing nicely, having recently hung out around $100,600 before bursting through to $102,500. Support is chilling between $101,500 and $101,700, while the resistance is playing hard to get at $103,000 to $103,300, right near the latest peak.\

Bitcoin Technical Analysis: Bulls Charge Toward New All-Time High

Bitcoin’s price on Dec. 15, 2024, has hit a cool $102,513, just a whisker away — 1.2% — from its record-breaking peak of $103,647. The cryptocurrency is on a generally optimistic path, bolstered by solid technical signs and price movements across various charts.

Bitcoin

On the hourly chart, bitcoin is climbing nicely, having recently hung out around $100,600 before bursting through to $102,500. Support is chilling between $101,500 and $101,700, while the resistance is playing hard to get at $103,000 to $103,300, right near the latest peak.\
https://news.bitcoin.com/bitcoin-technical-analysis-bulls-charge-toward-new-all-time-high/