$BTC $BTC

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## Bitcoin Breaks $108,000 Amid Strong Bullish Momentum

The Bitcoin currency experienced a strong breakout, surpassing the $108,000 mark with a sharp rise that lasted for 15 minutes, indicating a bullish structure ignited in the entire market.

The price recorded an increase of 2.21%, reaching a peak price of $108,499.98 in the past 24 hours. The trading volume during the same period was 14,594 Bitcoins, equivalent to $1.56 billion in Tether (USDT).

The momentum on the 15-month chart shows a clear upward push, with no major resistance until the $110,000 level. On the technical side, the breakout of the bullish flag pattern has been confirmed, supported by clear highs and a sharp increase in trading volume.

The next key area to watch is between $109,800 and $110,500. Bull traders have regained control over the price of Bitcoin. As long as the price remains above the $107,500 level, the momentum strongly favors the continuation of the upward trend.

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