Bitcoin Breaks $120,000 Barrier as Institutional Investment and Technical Signals Drive Momentum

After a period of consolidation, Bitcoin has experienced a resurgence in price, exceeding the $120,000 mark. This rise is attributed to significant institutional investment, positive technical indicators, and a slightly more favorable macroeconomic context. However, some analysts caution that this momentum may lead to a short-term pullback before a sustained bullish trend emerges. The article details the current market situation with key insights into Bitcoin’s recent price movements and potential future trajectories.