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Bitcoin Could Ignite Price Discovery Rally As Weekly Structure Tightens

  • Bitcoin is on the verge of entering price discovery territory, with key resistance near its all-time high.
  • BTC is currently testing the $109,000 resistance level, a break above which could lead to significant upside.
  • Analysts suggest that a breakout could propel Bitcoin towards a new all-time high region at $112,000.
  • Technical indicators, such as an inverted head-and-shoulders pattern, signal a potential bullish breakout for Bitcoin.

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