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Bitcoin Breaks Falling Wedge – Is $110,000 The Next Stop?
- Bitcoin has broken out of a falling wedge pattern, indicating a potential price uptrend.
- Bitcoin faces resistance at the $88,000 price region after a recent price surge.
- If a price reversal occurs, BTC could surge as high as $110,000, representing a potential gain of 32.53%.
- Bitcoin network fees have risen by 77% in the past week, and there has been a net outflow of $300 million from exchanges.
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