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Bitcoin Hits New All-Time Highs, Is It Time to Buy Bitcoin and Crypto?

  • Bitcoin reached a new all-time high of $116,508, driven by strong equity markets, record gold prices, and institutional interest.
  • Institutional adoption, including U.S. spot Bitcoin ETF flows exceeding $50 billion, is supporting Bitcoin's price and its role in investment portfolios.
  • Bitcoin's technical breakout, coupled with bullish chart patterns and institutional demand, is contributing to the current price strength.
  • Altcoins are beginning to show movement, with Ethereum, Solana, and others making gains, but Bitcoin remains in price discovery mode, presenting an opportunity to buy.

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