Bitcoin has surged past $105,000, aiming for $108,000 as the cryptocurrency market nears a $4 trillion valuation.
Analysts observe a bullish ascending triangle pattern in Bitcoin, signaling a potential breakout in price.
Factors like Federal Reserve rate decisions, U.S. Treasury auctions, and BRICS de-dollarization efforts could drive BTC towards the $158K–$600K range.
Overall market sentiment remains optimistic, with experts predicting new all-time highs for Bitcoin and a shift towards BTC as a preferred safe-haven asset over gold.