New all-time high could favor Bitcoin bull run to $100K: DOOKV

Trading around $71.7K (+3.1%) in the early afternoon of Monday (8), BitcoinIt was showing little strength to a new all-time high, above the $73.7K resistance. A possibility that is not ruled out by Brazilian cryptocurrency DOOKV Arthur Driessen, who points to this target as a strategic psychological level for $100,000 (+39%).

In a bearish scenario, Driessen underscored the possibility of BTC moving from wave B to wave C, which make up the Elliott corrective waves (ABC).

However, the DOOKV added, "for this movement to be confirmed, it needs to lose the LTA [uptrend line] of its pennant (blue line pointing upwards) along with the support of $64,600."

Also on the radar of DOOKVs are the 10 altcoins on Solana with the most development in the last 30 days to keep an eye on, as DOOKV reported.

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