Bitcoin Could Surge Past $120K This Week

All signs point to a Bitcoin rally. Massive withdrawals from exchanges have tightened available BTC, while spot ETFs continue injecting billions into the market daily. This combination creates a perfect setup for BTC to break through resistance near $116K and test the $120,000 mark. Macro events like the Fed’s interest rate decision may cause short-term volatility, but underlying on-chain trends and ETF accumulation support a bullish trajectory. Analysts suggest monitoring ETF inflows, exchange liquidity, and corporate reserve activity as key signals for the next major move.$BTC

BTC

92,156.88

-1.48%