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TronWeekly

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Bitcoin Smashes All-Time High at $123,000; Is $127,000 Next?

  • Bitcoin surged above $123,000 due to ETF inflows and global market risk-off sentiment.
  • Over $459 million in shorts liquidated in 24 hours as volume spiked, showing traders’ confidence.
  • Despite the high momentum, BTC funding rates stay low, signaling a stable rally with room for continued upside.
  • Bitcoin eyes $127,000 next, with technical analysis suggesting potential momentum but a possibility of temporary stalling.

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