š Bitcoin has reached a remarkable milestone, soaring to $106,533, establishing a new all-time high.
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The charts reflect a strong bullish momentum, with the $110,000 mark now in sight. This surge raises the question: Could this be the start of another significant breakout rally?
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Trading volume has surged to $82 billion, indicating robust market interest.
Key support levels have been identified at $104,000 and $100,000, which may serve as potential retracement points.
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Analysis of moving averages suggests that there is still considerable upside potential for Bitcoin.
šThis latest price action follows a broader trend of institutional investment and positive market sentiment, fueled by recent developments in regulatory discussions and economic indicators. As the cryptocurrency landscape evolves, many are watching closely to see how high Bitcoin can climb in this ongoing bull market.
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