Bitcoin Price Surge: Institutional Investment Drives Potential New High

Bitcoin prices have surged to new heights, fueled by the growing interest of institutional investors. Crypto analyst Pentoshi suggests this momentum could drive Bitcoin toward an unprecedented $120,000 mark within the month. This increase is based on a significant imbalance in weekly Bitcoin chart data, indicating overwhelming demand exceeding supply. 🧐 Pentoshi highlights this high demand from established financial players who are eager to invest in crypto assets.