Three Reasons Bitcoin’s Real Breakout Toward $107K Has Begun

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Bitcoin entered a decisive breakout phase, targeting $107,000 as long-term holder selling fades and BTC continues to leave exchanges, tightening supply.

Bitcoin could reclaim $100,000 as support and rally toward $107,000 in the coming days, driven by a combination of supportive technical and fundamental metrics.

Bitcoin’s breakout is gaining traction, backed by bullish technicals and fading selling pressure.

Macro signals lean bullish, with liquidity expansion and divergence between BTC and gold.

Ascending triangle, bull cross raise BTC rally odds
Bitcoin confirmed its breakout from a multi-week ascending triangle earlier this week and shifted into a textbook post-breakout retest phase.

After pushing above the pattern’s upper boundary near $95,000, BTC pulled back to retest the former resistance as support before bouncing higher, a move typically associated with valid breakouts rather than false moves.

Holding this reclaimed level keeps the “real breakout” structure intact and preserves the pattern’s measured upside objective near $107,000, derived by adding the triangle’s maximum height to the breakout point, by February.

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