BTC price surged past $71,000 recently and hit $71,379, creating new highs for altcoins like BNB, SOL, and SHIB. These cryptocurrencies witnessed substantial gains of up to 8%. The momentum in Bitcoin could potentially lead to new all-time highs (ATH). Here are the latest insights and predictions.

Bitcoin (BTC)

The recent surge in the Bitcoin price, surpassing $71,000, has captured the attention of investors. The price momentum has been driven by various factors, including market sentiment and positive economic data. This surge is indicative of a bullish trend, with the possibility of BTC reaching new ATH levels if the current strength is maintained.

Amidst favorable economic conditions and positive data releases, Bitcoin's upward trajectory seems promising. Investors are optimistic about potential gains, especially if key economic indicators continue to support the market.

The critical level to watch for Bitcoin is $71,700, and a sustained breakout above this level could propel the price towards the ATH of $73,777 and potentially even surpass $80,000. Investors should monitor the key support level at $70,300 for potential market movements.

Ethereum (ETH)

After a significant pullback from previous highs, Ethereum (ETH) is showing signs of recovery following the approval of the ETH ETF. Maintaining support around $3,737, Ethereum targets the resistance at $4,093. Reclaiming and solidifying this level as support could pave the way for a further rise towards $5,000.

Binance Coin (BNB)

BNB recently achieved its all-time high after a period of anticipation. The bulls in the BNB Coin market were eager for this breakthrough, which eventually happened as the price surpassed the $635 resistance level and approached $700. This milestone marks the highest price point for BNB Coin.

The growth of BNB Coin has been supported by strategic partnerships and increased network activity, driving investor interest and accumulation. The positive market sentiment and upward price movement indicate a favorable outlook for Binance Coin.

*This article was first published on COINTURK NEWS.