Bitcoin Surges Past $48K; Analysts See Potential for 20%+ Rally Toward All-Time High
• Bitcoin has broken above $48,600, which is a key technical level signaling further upside • Analyst Katie Stockton sees bitcoin testing final resistance around $64,900, just below its all-time high • This would represent potential additional upside of 22% from current levels • Recent catalysts driving bitcoin's rally include the launch of spot bitcoin ETFs and impending bitcoin halving event • MicroStrategy chairman Michael Saylor remains bullish, acquiring an additional 3,000 bitcoin for $155 million, now holding 193,000 bitcoin