🤑 A Bitcoin All-Time High Is Loading

And once it comes, here's where the first resistance may be...

Author

Ivan
June 11, 2025

Happy Wednesday!

Bitcoin could soon hit new all-time highs and the first resistance past new highs would be $115,400, according to a report: here’s when that could happen.

Public companies buying Bitcoin is a ‘megatrend’ that’s just getting started, according to Bitwises Chief Investment Officer Matt Hougan.

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TOP STORY

Bitcoin’s rally to $110,300, just $2.400 shy of its all-time high, faces its first major resistance at $115,400, according to a Glassnode report on Tuesday.

The report highlights this critical threshold as the market enters price discovery, with the Short-Term Holder (STH) cost basis at $97.6K acting as a key support level.

When can we expect Bitcoin to hit this level?

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QUICK N DIRTY

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FINTECH FOCUS

Matt Hougan, Chief Investment Officer at Bitwise Asset Management on Monday described the surge in public companies holding Bitcoin (CRYPTO: BTC) as a "megatrend" that is set to accelerate, driven by concerns over dollar devaluation and growing investor confidence.

Speaking on CNBC, Hougan highlighted that 79 public companies now hold $57 billion in Bitcoin, a 160% increase from last year.

"Corporations globally are sitting on records amount of cash... But with the huge money printing and growing deficits, that no longer seems like a valid approach," he said.

What will that mean for the price of Bitcoin?

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