Bitcoin has surpassed its previous all-time high, reaching $106,500, indicating the potential for further upward movement. Analysts are setting a price target of $130,000 for BTC in the coming weeks, citing the breakout from an ascending triangle pattern as a significant bullish signal. This milestone solidifies Bitcoin's dominant position in the crypto market and attracts attention from both retail and institutional investors. The focus now is on whether BTC can maintain its bullish momentum and quickly reach the $130,000 target, with the importance of holding above previous resistance emphasized. Altcoins are expected to follow BTC's lead during bullish phases. The ability of Bitcoin to hold above key levels, such as $102,200, will determine the sustainability of the rally. Traders anticipate higher targets, but market volatility remains a concern. A loss of the $100,000 mark could lead to a potential correction. Despite the risks, Bitcoin's bullish structure remains intact, and the next few days will be crucial in determining its momentum.



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