Bitcoin Breakout? BTC Targets $107K as Supply Tightens, Holders Accumulate
According to reports, Bitcoin has entered what is described as a decisive breakout phase, with a potential target of $107,000. The development is attributed to long-term holders reducing their selling activity. Additionally, the report suggests that BTC is increasingly being withdrawn from exchanges, leading to a tightening of supply. These factors are contributing to the upward momentum.
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