Bitcoin is nearing a new all-time high, briefly touching $121,000 and maintaining strong support above $112,000. Analyst Michael van de Poppe suggests October could see a major breakout for the cryptocurrency. As Bitcoin consolidates, Ethereum and other altcoins like XRP, Chainlink (LINK), Solana (SOL), and SUI are showing strong potential for upward movement.
XRP is consolidating near $3.40 with a target of $4.90, while Chainlink holds its yearly open with $23 as the first target. Solana maintains its position at the 50% level, and SUI is approaching major resistance, indicating possible future gains.
Bitcoin Approaches $121K as Altcoins Show Breakout Potential
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