Bitcoin hits new all-time high above $119K as trader eyes 7-week uptrend


Bitcoin hits new all-time high above 9K as trader eyes 7-week uptrend


BTC price action is copying late 2024 — and that could result in fresh 50% gains, one trader says as late Bitcoin shorts feel the pain again.

Key points:

Bitcoin tags fresh record highs into the weekly close as liquidations punish shorts.

BTC price areas of interest include a support test of $115,000.

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