Bitcoin Targets $120K: Altcoins Indicate Breakout Potential

Analysis suggests that Bitcoin is poised for a significant price surge, aiming for a target of $120,000 by 2025. This bullish sentiment stems from strong institutional backing driving market optimism. Experts anticipate a shift in market dynamics as altcoins signal potential breakouts, driven by increased institutional involvement. The momentum behind Bitcoin’s price increases is fueled by prominent voices like Geoffrey Kendrick at Standard Chartered who predict significant cryptocurrency market movements. Experts see Bitcoin’s surge as indicative of a broader bull cycle.