<ul><li>Market analysts have observed a potential 'Golden Cross' formation in Bitcoin, hinting at a significant uptrend in price action.</li><li>Historical patterns show that a Golden Cross, where the 50-day moving average surpasses the 200-day moving average, typically precedes substantial price gains.</li><li>Trader Vivek predicts a parabolic surge in Bitcoin, stating that $110,000 could be achieved imminently, reflecting widespread positivity in the crypto community.</li><li>Bitcoin is currently trading at $105,391 with a 2.24% daily increase, boasting a market cap exceeding $2.09 trillion and high trading volume, signaling strong interest and liquidity.</li></ul>

Bitcoin Nears $110K as Golden Cross Forms — Analysts Predict Parabolic Surge

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