Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Bitcoin Battles Resistance While Altcoins Await a Breakthrough

Bitcoin Battles Resistance While Altcoins Await a Breakthrough

CointurkCointurk2025/06/26 22:32
By:Fatih Uçar

In Brief Bitcoin tests a crucial resistance, with analysts divided on the market's future direction. JRNY Crypto suggests an altcoin rally if Bitcoin surpasses $125,000. Ethereum and XRP wait for Bitcoin's lead, with high volatility potential in altcoins.

This week has seen increased activity in the cryptocurrency market as Bitcoin (BTC) $107,069 tests the critical resistance range of $109,000 to $111,000. Analysts hold differing views on the market’s direction amid continued low trading volume. However, stable stock indices, low volatility, and increased Bitcoin premiums on Coinbase create an air of optimism. JRNY Crypto, a seasoned crypto analyst , predicts a minor altcoin season if Bitcoin’s price reaches $125,000. Currently, leading altcoins like Ethereum (ETH) $2,422 and XRP are waiting for Bitcoin to show a clearer directional trend.

What Bitcoin’s Tight Resistance Zone Indicates

According to JRNY Crypto, Bitcoin’s congestion within the $109,000 to $111,000 band will define short-term equilibrium due to seller density. If this resistance zone is overcome, the increased premium on Coinbase and stable stock markets could generate new momentum. Conversely, low volume could lead to a price pullback, initially towards the interim support around $105,000, potentially causing a deeper correction.

Bitcoin Battles Resistance While Altcoins Await a Breakthrough image 0

The potential breakout largely depends on volume data. Should the market demand prove strong, $125,000 acts as a critical threshold. Exceeding this level could attract fresh liquidity, a significant psychological factor. Even amid potential retracements, long-term bullish investors remain composed in the spot market while adjusting leverage in derivatives to account for uncertainty.

Possible Scenarios for Altcoins

Ethereum, guiding the altcoin market, still finds itself below a key resistance threshold. Low trading volume acts as a barrier to a rally. Similarly, XRP awaits Bitcoin’s cue and is building strength following a minor pullback. The altcoin market, in general, exhibits high open positions, setting the stage for volatility-inducing sharp movements.

JRNY Crypto forecasts that if Bitcoin exceeds $125,000, there could be a limited altcoin rally. Surpassing $150,000 could lead to a broader rally, while breaching $180,000 might trigger a parabolic altcoin rally. Conversely, another rejection at resistance for Bitcoin could prompt further short-term corrections in altcoins. Nonetheless, strong fundamental indicators currently maintain long-term optimism in the market.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

IoTeX launches the world's first on-chain identity solution ioID designed specifically for smart devices

ioID is revolutionizing identity management for smart devices, allowing DePIN to authenticate devices, protect data, and unlock next-generation application scenarios within a user-owned ecosystem compatible with any blockchain.

IoTeX社区2025/11/25 18:52
IoTeX launches the world's first on-chain identity solution ioID designed specifically for smart devices

Mars Morning News | Last week, global listed companies made a net purchase of $13.4 million in BTC, while Strategy did not buy any Bitcoin last week

Expectations for a Federal Reserve interest rate cut in December have risen, with Bitcoin briefly surpassing $89,000 and the Nasdaq surging 2.69%. There are internal disagreements within the Fed regarding rate cuts, causing a strong reaction in the cryptocurrency market. Summary generated by Mars AI. This summary is generated by the Mars AI model and its accuracy and completeness are still being iteratively updated.

MarsBit2025/11/25 18:41
Mars Morning News | Last week, global listed companies made a net purchase of $13.4 million in BTC, while Strategy did not buy any Bitcoin last week

The covert battle in the crypto industry escalates: 40% of job seekers are North Korean agents?

North Korean agents have infiltrated 15%-20% of crypto companies, and 30%-40% of job applications in the crypto industry may come from North Korean operatives. They act as proxies through remote work, using malware and social engineering to steal funds and manipulate infrastructure. North Korean hackers have stolen over $3 billion in cryptocurrency to fund nuclear weapons programs. Summary generated by Mars AI. This summary is generated by the Mars AI model, and its accuracy and completeness are still being iteratively improved.

MarsBit2025/11/25 18:40
The covert battle in the crypto industry escalates: 40% of job seekers are North Korean agents?

Which targets are Wall Street short sellers eyeing? Goldman Sachs reveals the short-selling undercurrents amid the AI wave

Data shows that short selling in the US stock market has reached a five-year high. However, investors are not recklessly challenging AI giants; instead, they are targeting so-called "pseudo-beneficiaries"—companies that have surged on the AI concept but lack core competitiveness.

深潮2025/11/25 17:27