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Bitcoin Surges Above $105,000 as Crypto Market Nears 4 Trillion Valuation

  • 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.

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