Bitcoin has reached a new all-time high of $108,000, with predictions suggesting it could rise to between $110,000 and $120,000 soon. Following a potential consolidation phase, a fakeout move to $125,000-$130,000 may occur before a dip to around $100,000, leading to a final surge towards $170,000 by mid-February. Meanwhile, altcoins are expected to experience significant rallies, with varying peak times throughout early 2024.