<ul><li>Bitcoin experienced a slight weekend dip to $106,600 but has since rebounded and is now trading near $110,000.</li><li>Crypto analysts are optimistic about Bitcoin's rise, with a potential target of $112,000 following the formation of a bullish double bottom pattern.</li><li>The double bottom pattern typically indicates a reversal of a downtrend and a shift in market sentiment from bearish to bullish.</li><li>Despite some mixed behavior from Bitcoin whales, strong institutional interest and high trading volumes suggest a positive outlook for Bitcoin price momentum.</li></ul>

Bitcoin Eyeing $112,000 After Bullish Double Bottom Breakout, Analyst Says

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