Bitcoin soars to a new all-time high

00:00 Speaker A

Up and Up Bitcoin. We are still trading a mine of $ 118,000. How much does he feed on this rally?

00:09 Speaker B

Yes, Ali, a series of catalysts that fueled this rally. So, you’ve experienced Bitcoin for several months in a tight trade range of around 10,000. Thus, the trade range has been strict for this variable asset, which is historically variable. But it really rises to the highest levels of all time, entry into ETFs, Bitcoin -supported ETFs. So you have a corporate purchase, you have a strategy that continues to buy Gamestop, all these companies put Bitcoin on their balance sheets. And then you have a regulatory framework that is generally friendly to the crypto from Trump administration. Since the year, you see Bitcoin, which rises 26%. You also have shares related to crypt, such as the trade platform Coinbase. Robinhood. These stocks are at the highest levels of all time, absolutely on a tear this year. You also have a frame around the Genius law around the stable coin. And then what we’re watching will discuss a series of invoices in the Congress for the Great Catalyst next week, one of which will be a law in the Parliament, the recently spent in the Senate. So all of them were very positive for the crypto. You also have this uncertainty about UM, tariffs and where the financial situation in the US is. In other words, you also have investors who flocked to crypto thought, look, it can be a way to protect my reserve. So what analysts look at is now 120,000 for the resistance level. This is what to watch.