It appears that Bitcoin is currently retracing towards a previously broken resistance line, which, in the context of Elliott wave theory, could be identified as wave 4. Based on this analysis, there's an expectation that Bitcoin will experience an upward movement, potentially reaching the upper range of the resistance zone (between $26,980 and $26,350). This anticipation is bolstered by positive news in the crypto space, such as an ex-Goldman executive predicting a significant valuation of $10 trillion as more family offices and institutions enter the crypto market. Additionally, the State Bank of Pakistan's recognition of XRP's potential adds to the positive sentiment. One noteworthy metric indicating an opportune time to accumulate both Bitcoin and altcoins is sentiment, with a projected increase of up to $35,000. This sentiment is further supported by the upcoming halving event and the emergence of new whales moving there assets after long time,
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