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Bitcoin Price Rally Targets $130K as Fibonacci Extension Comes Into Focus

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Bitcoin Price Rally Targets $130K as Fibonacci Extension Comes Into Focus

As Bitcoin maintains its rebound push, market analysts are now eyeing a new all-time high at the 1.618 Fibonacci extension. Specifically, market watcher Jake Wu points out that Bitcoin is moving toward the 1.618 Fibonacci extension at $130,558, a target mapped from the January–April 2025 measured move.

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