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Bitcoin's recent rally took its price from $112k to near $118k, sparking debate on whether it can reach new highs or remain stuck in this range.
BlackRock's iShares Bitcoin Trust emerges as the largest institutional Bitcoin holder, eclipsing major exchanges in BTC holdings, marking a milestone in institutional adoption.
Bitcoin's recovery is propelled by declining seller volume and increased whale accumulation. Analysts suggest BTC may reach $117K if these trends persist.
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