Bitcoin Breaks Out of Falling Wedge Formation, Targeting $130K+

Bitcoin has successfully filled a CME Gap in the $114,000-$115,000 range. This recent action paves the way for a potential breakout from its falling wedge pattern, with analysts eyeing an ATH price region between $130,000 and $135,000. This surge comes after Bitcoin experienced several price declines in anticipation of filling out remaining CME Gaps. The latest breakouts are occurring amidst bullish sentiment and growing interest from institutional investors.