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Bitcoin (BTC) Price: Trading Above $108,000 With Bullish Trend Line Formation
- Bitcoin price trading above $108,000, forming a bullish trend line with potential for breakout above $110,750
- Massive 7,883 BTC net outflow from Coinbase suggests institutional accumulation
- Bitcoin recently reached an all-time high of $111,980 before correcting
- Some analysts predict Bitcoin could reach $120,000 by the end of the week
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