Bitcoin Targets $120,000: Resistance Breakout Fuels Price Surge Expectations

Bitcoin’s price is currently hovering near the crucial resistance level of $110,000-$112,000, with potential to reach the $120,000 milestone if it breaks through. Market analysts highlight significant trades exceeding this resistance, sparking anticipation for a potential price surge. While no official comments from Bitcoin’s core development team have confirmed a specific target, industry experts see strong indicators of a bullish trend.