The price of Bitcoin is expected to experience a massive breakout soon, according to market analyst Gert van Lagen. He sees a powerful setup forming, with a potential 24.2% move that could push prices past $110,000 before an even bigger surge. This rally could exceed expectations and propel Bitcoin into uncharted territory. The formation of a megaphone pattern, characterized by growing volatility, suggests that a breakout is imminent. Strong support has held firm since Bitcoin cleared the upper trendline of the pattern in November. Analysts have identified four key bases in this step-like accumulation, which signal explosive growth. Major financial entities, including Italy's Intesa Sanpaolo, are starting to incorporate Bitcoin into their holdings, indicating increased confidence in the cryptocurrency. As supply tightens and demand continues to rise, Bitcoin's structure is now primed for a parabolic move. The next breakout has the potential to propel prices well beyond $110,000, with momentum building for a historic rally.



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