Bitcoin surged past $109,000 after breaking out of a falling wedge pattern, with SEBI RA Dhruv Tuli eyeing a rally above $110,000. The move above $107,500 confirms bullish momentum, supported by the 21-day and 200-day EMAs. Standard Chartered also projects Bitcoin could reach $200,000 by year-end. The cryptocurrency is up 18% year-to-date and trending on Stocktwits.