Bitcoin Bulls Face a Major Crossroads: Can They Break Through $120,000?

The Bitcoin market is currently in a state of flux, with prices hovering around the $114.1K mark after experiencing a 2.38% surge over the past 24 hours. While this bullish rally has pushed the entire crypto market into the green zone, it’s left Bitcoin (BTC) facing a crucial crossroads as traders and investors ponder whether they can break through the significant resistance at $120,000. Experts are closely monitoring several key factors that might influence the trajectory of Bitcoin’s price.