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Bitcoin enters price discovery phase as it approaches new all-time highs

Bitcoin has entered a new price discovery phase, recently reclaiming the $102K mark and nearing its all-time high of $108,135. Analysts are optimistic, noting that the post-halving year is historically bullish, although some predict a potential market peak by mid-2024. Meanwhile, the overall crypto market capitalization has risen to $3.74 trillion, driven primarily by Bitcoin's gains.
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