TL;DR
- Bitcoin surpasses Fair Value Layer resistance, reaching $38k, influenced by potential BTC ETF approval.
- Analysis suggests BTC could rise above $60k with no major resistance until $61,156.
- Altcoins, including Solana and Cardano, gain as Bitcoin stalls; CryptoCon warns against ignoring altcoins.
Popular cryptocurrency analyst and trader CryptoCon has said a key Bitcoin resistance is being broken to the upside, the Fair Value Layer, a popular metric that uses log regression curves to determine possible price ranges.
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