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Bitcoin is setting its sights on 110k in the next short-term leg up. Let’s break down why.
Since the correction to 62k in late February, every rally has been punctuated by small pullbacks. But here’s the key: the lows are getting progressively higher. Each dip is shallower than the last. This is textbook accumulation behavior.
Every minor correction triggers the same chorus of calls for a massive crash. Yet, time and again, the bears get burned. The pattern is eerily reminiscent of Ethereum’s price action last year. History, in crypto, has a way of rhyming with astonishing precision.
The structure is clear. Higher lows, compressed volatility, and a market that refuses to break down. The path of least resistance is up. Watch the momentum. This cycle is not over.
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