Bitcoin trader says $107.5K ‚vital‘ zone for new all-time highs

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Bitcoin traders set the stage for a volatile breakout with liquidity amassing above and below the spot price, and eyes are on the road to new all-time highs.

Key points:

Bitcoin trades between increasingly thick bands of liquidity as traders await a breakout.

Above current spot price lies a particularly important area for bulls when it comes to new all-time highs, analysis says.

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