Bitcoin’s price action is showing signs of readiness to potentially reach new all-time highs, following gold’s recent record highs. Key levels for Bitcoin include breaking through $115,000 to confirm an upward trend. Traders are optimistic about Bitcoin’s potential growth despite concerns about a retreat to $110,000 due to a CME futures gap. The market is closely watching the correlation between Bitcoin and gold, with analysts anticipating Bitcoin to catch up to gold’s recent highs based on historical delays. Investors are advised to conduct their own research before making any decisions in the volatile market.
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