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Cryptopotato
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Bitcoin Price Rockets to New All-Time High Above $109K
- Bitcoin has surged to a new all-time high above $109,000 after four months.
- The rally led to liquidation of over $110 million in shorts, as per data from CoinGlass.
- BTC's price dipped under $75,000 during a turbulent period but reversed its trend and broke $100,000 on May 8.
- Whale and corporate accumulations hinting at bullish momentum preceded the recent price explosion.
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