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Bitcoin Price Prediction: Can Bitcoin Reach $110,000 After Today's New ATH near $107K?

  • Bitcoin (BTC) reached an all-time high (ATH) of $106,803, fueling optimism about crossing the $110,000 mark.
  • President-elect Donald Trump's proposal for a U.S. strategic Bitcoin reserve contributes to the price surge and potential government adoption.
  • Technical indicators and institutional interest support the outlook of BTC reaching $110,000 or higher.
  • However, caution is advised due to the volatile nature of the crypto market and the possibility of retracements.

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