Bitcoin Analysis: Is 120k the Next Target?
In recent days, we've seen a correction in Bitcoin and the overall market. On the Bitcoin chart, we can observe that the price is between the support levels of 92-93k$ and 100k$. Additionally, on January 20th, Trump will take office, and many expect this to drive the market upwards. In my opinion, after Trump takes office, Bitcoin could easily reach 120k$ within a few weeks or months.
In recent days, we've seen a correction in Bitcoin and the overall market. On the Bitcoin chart, we can observe that the price is between the support levels of 92-93k$ and 100k$. Additionally, on January 20th, Trump will take office, and many expect this to drive the market upwards. In my opinion, after Trump takes office, Bitcoin could easily reach 120k$ within a few weeks or months.