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      tldr; Bitcoin has surged past $105,000, nearing its record high, with market expert Doctor Profit predicting a breakout to $116,000-$120,000. Key drivers include bullish technical signals, stable funding rates, and strong institutional accumulation, particularly by US ETFs buying Bitcoin at eight times its mining output. Retail interest remains subdued, but liquidity hotspots around $90,000 could offer entry points. Despite potential volatility from Moody’s US credit downgrade, Doctor Profit maintains a bullish outlook, citing robust institutional activity and historical resilience.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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