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Bitcoin price surpasses $110,000 after reaching new all-time highs, can it reach $120,000 this month?
It seems that Bitcoin's price surge was supported by a combination of factors, including easing concerns about the macro economy, renewed institutional investments, and increased risk-taking sentiment.
Key points:
Bitcoin price successfully breaks its previous all-time high
after surging over 40% in 6 weeks.
• Easing trade tensions and US trade deals have opened investors' appetite for risk.
• The continued influx of additional investments into Bitcoin
suggests that the upward wave has not yet reached its peak AS
