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June 17, 2025

Analyst Warns Bitcoin Needs to Hold Above $104,400 for New Bull Run

Bitcoin must maintain its price above $104,400 to spark a new bull run, according to insights from analyst Rekt Capital. This level appears to be the crucial checkpoint for Bitcoin as it seeks to reestablish momentum and potentially reach a new all-time high. Market observers are closely watching this threshold. Holding steady could encourage further investment and restore confidence in Bitcoin’s future. If Bitcoin successfully surpasses this barrier, it could unlock significant growth opportunities for traders and investors alike. As the cryptocurrency market remains volatile, all eyes are on this critical price level. The ultimate question: can Bitcoin hold the line?

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