Bitcoin surpasses 2015-2018 cycle – Is $100K ATH next?
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Bitcoin has surpassed key resistance levels from its 2015-2018 cycle, indicating a potential new bull market. This surge reflects the cryptocurrency's maturity and stronger fundamentals, with a quicker recovery from 2022 lows compared to previous cycles. Current trading volumes and monthly RSI readings above 75 suggest robust bullish conditions. The milestone marks an 80% recovery, driven by long-term holder accumulation and reduced exchange balances, indicating less speculation and more sustainable growth in the market.
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