Bitcoin Price Prediction: Analyzing the Potential for $130K

While there’s no official confirmation of Bitcoin reaching $130,000 this week, current market indicators suggest a generally bullish sentiment. On-chain metrics show that exchange balances are at multi-year lows, and historical trends point to a bullish backdrop for the asset. 📈 However, price movements remain uncertain due to various factors such as macroeconomic data, liquidity conditions, and future Fed policies. 🚀 💰 🌎 🧐