Bitcoin targets $102,500, eyes fresh all-time high
Kendrick added that if 10-year Treasury yields hold below 4.50% through the weekend, bitcoin could break up to $102,500, a key resistance level in recent trading sessions.
"Then, if we get no new negative catalysts-such as unexpected regulatory actions or macroeconomic shocks-we could see conditions improve for digital assets, opening the door for a fresh all-time high above $108,000 in February," Kendrick said.
The U.S. jobs report for January was somewhat disappointing but not alarming. Data from the Bureau of Labor Statistics showed that th