It is clear that the technical analysis of the Bitcoin exchange rate is very bullish, but over the past week or so, we have seen sideways movement indicating that we are trying to digest this large movement. This makes sense, but if we break the $106,000 level, I believe we have a real chance for the market to rise to the $110,000 level, which has been critical several times, and I believe it will continue to be a significant barrier. If we break this level, we have a real chance for the market to rise, and it will start to rise strongly. At this point, we will witness the next phase of the uptrend, and buyers will certainly chase after it out of fear of missing opportunities.

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