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Bitcoin Reaches New Highs Amid Strong Institutional and Technical Momentum

1 min read
Source: Cointelegraph
Bitcoin Reaches New Highs Amid Strong Institutional and Technical Momentum
Photo: Cointelegraph
TL;DR

Bitcoin reached a new all-time high above $119,000, triggering significant short liquidations and sparking optimism for further gains, potentially up to $135,000-$140,000, if key resistance levels are broken. Traders are watching support around $115,000 and resistance near $120,000, with some expecting a continuation of the recent seven-week discovery uptrend.

Topics:businesscryptocurrency#all-time-high#bitcoin#cryptocurrency#liquidations#price-prediction#uptrend
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  1. Bitcoin hits new all-time high above $119K as trader eyes 7-week uptrend  Cointelegraph
  2. Bitcoin ETFs saw second-highest inflows ever on Thursday  MarketWatch
  3. Bitcoin's latest jump to record highs sets it up for another 14% rally, technical analyst says  Business Insider
  4. Institutional Investors Push Bitcoin’s (BTC) Price to All-Time High  TipRanks
  5. Bitcoin: Lightning Strikes Twice (Technical Analysis) (Rating Upgrade)  Seeking Alpha

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