Bitcoin's aggressive bull run has crypto traders currently eyeing new all-time highs.
The leading crypto asset just breached the $60,000 milestone as an analyst who bought at the bottom at $16,000 issued a warning to fellow traders.
DonAlt told his 516,000 followers on social platform X that Bitcoin is currently facing its last line of resistance before breaking out to new heights.
That line is $60,360.
“The last resistance on the chart before a new high.
Finally, consider that we are in an area where we can reasonably argue that we should pay attention.
It's hard to be bearish with the current flow, so it could be more or less bullish, and I think above $60,000 is the first area where there's a bit of risk. ”
On the negative side, Don Alto To tell He will remain bullish unless Bitcoin reverses sharply from its current price.
“In my opinion, I’m bullish unless $52,000 is lost, and those entered on the first post get unlimited rides for free.”
BTC was trading at $60,192 at the time of publication, up 5.6% in the past 24 hours. This crypto asset started 2024 at $43,495 and is up 38% so far this year.
Bitcoin has been at levels not seen since November 2021, hitting an all-time high of $69,044 on November 10 of the same year.
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