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All Signs Point To A Bitcoin Liftoff—Here’s What The Experts See

  • Bitcoin is showing signs of gearing up for a major move, reaching over $105,000 and trading at nearly $104,000.
  • Historical data indicates that Bitcoin's monthly RSI surges before significant price rallies.
  • Large holders are accumulating Bitcoin while smaller retail investors are pulling back, suggesting potential price gains.
  • An overbought RSI does not guarantee an immediate surge, as Bitcoin has historically paused or pulled back before major rallies.
  • Macro events, ETF developments, and regulatory news will also influence Bitcoin's future direction.
  • The current high RSI and increasing whale demand point to a setup seen in past bull markets.

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