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Bitcoin profit taking at $106K the first stop before new all-time BTC price highs

Upworthy Tuesday, 13 May 2025 ()
Key Takeaways: Bitcoin exhibits a bearish breakout from an ascending channel, with the risk of profit-taking near $106,000. A lower-than-expected US Consumer Price Index (CPI) print could boost Bitcoin, but a higher CPI may increase bearish pressure, leading to a price drop below $100,000. Bitcoin…
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