Bitcoin (BTC) may surge to $107,000 with strong technical and fundamental support. The breakout from an ascending triangle signals a potential rally. Long-term holders are reducing selling pressure, indicating bullish sentiment. A negative correlation with gold historically leads to a 56% rally within two months. The potential for a bullish crossover on the daily chart increases the likelihood of a continued uptrend.

Read more at Cointelegraph: Three Reasons Why Bitcoin’s ‘Real Breakout’ Toward $107K Has Begun