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#BTC/USDT ANALYSIS
Bitcoin has broken out of the inverse head and shoulders pattern on the weekly timeframe with substantial volume, signaling robust bullish momentum. This breakout, accompanied by a strong Ichimoku Cloud confirmation, underscores a positive market outlook.
A potential pullback for a retest above the breakout level could serve as a critical validation point for this trend, possibly filling the CME gap in the process. Such a scenario would enhance market confidence, setting the stage for a sustained rally.
If this bullish momentum persists, Bitcoin could surpass the coveted $100k mark, ushering in a new phase of price discovery and attracting significant attention from retail and institutional investors alike.
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