The Bitcoin price has surpassed $100,000 and reached new all-time highs. An analyst named Master Kenobi has identified an interesting pattern on the 1-day candlestick chart, indicating a bullish outlook for Bitcoin. This pattern resembles a similar one from late 2023, just before the current bull market phase began. The analyst suggests that Bitcoin's trajectory could mirror its past, projecting a price of $124,300 by January 31, 2025. Bitcoin is currently trading at $105,000, and if it reaches the projected price target, it would represent an 18% increase. The market sentiment suggests that Bitcoin has room for further growth in 2025.



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