Bitcoin is on the verge of a significant price movement as chart patterns indicate a potential triangle breakout following a six-week consolidation period. Analysts suggest that a bullish breakout could propel Bitcoin to $100,500, while a bearish turn might see it fall to $75,000. Institutional interest remains strong, with public companies collectively holding over 1.09 million BTC. Despite mixed technical signals and some bullish divergence, traders are exercising caution, awaiting a definitive price movement to confirm Bitcoin's next trajectory.
Bitcoin Poised for Major Breakout Amid Institutional Accumulation
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