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David Tevzadze
David Tevzadze

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Bitcoin Eyes $110K: New Highs on the Horizon? ๐Ÿš€

๐Ÿ“ˆ Bitcoin's explosive rally saw a surge to $75,860, fueled by massive spot volume and the bullish momentum surrounding Trumpโ€™s pro-crypto presidential victory. This marks a new all-time high and hints at more upside potential.

๐Ÿ“Š Chart patterns are aligning as analysts highlight a classic โ€œcup-and-handleโ€ breakout, suggesting Bitcoin could reach $110,000 soon. With a 47% ROI on the table, investors are watching closely as the patternโ€™s high success rate keeps the bulls hopeful.

The Coinbase premium is turning positive, indicating a rise in US retail interest and renewed confidence in the crypto space. BTCโ€™s volume spike adds even more fuel to the bullish outlook, with other exchanges like Binance and Bitfinex showing similar demand trends.

Is Bitcoin primed to break new ground? The signs are promising, but the marketโ€™s next moves will be closely watched.

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