Bitcoin (BTC) is showing signs of a potential breakout above a long-term channel, according to analyst Stockmoney Lizards. In a recent analysis reported by Coin Telegraph, Lizards highlighted the possibility of a significant price surge. The analyst points to the monthly OTT band, a macro trend indicator, as providing positive signals. A decisive break above this long-term channel resistance could propel Bitcoin towards a target of $200,000 this year. While such forecasts should be taken with caution, the technical indicators suggest a bullish outlook for Bitcoin in the near term. Investors and enthusiasts will be closely watching for confirmation of this breakout and its potential impact on the cryptocurrency market. ```

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