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The breakout above $114,000 acted as a springboard for the final leap past $117,000, catching many off guard. Traders watching this hourly chart will note that today’s move wasn’t gradual—it was sudden, explosive, and steep, reminiscent of bitcoin’s parabolic runs in previous bull markets. With momentum this fierce, many are now watching the $120,000 level as the next psychological battleground. At press time BTC is trading for $116,333 per coin.
#BTC Hits New High