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Bitcoin: Can BTC reach new ATH as crypto mirrors 2017 pattern

Bitcoin’s current market trends are echoing those seen in 2017, with notable accumulation by BTC holders termed “shrimps.” Recent trading data indicates a significant 144.37% increase in volume, hinting at market resilience and positive sentiment among long-term investors.

The ongoing accumulation by BTC holders signals a possible bullish trend, with funding rates rising. This positive sentiment in the futures market, along with the observed patterns, suggests that BTC could soon see a price surge, potentially breaking its all-time HIGH.

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