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โ๐ Bitcoin heading back to $120K? Analysts predict a retest soon!โ
Bitcoin May Retest $120,000 Level
Analysts suggest Bitcoin could soon retest the $120,000 level, signaling strong momentum after recent consolidations. Institutional demand, ETF inflows, and increasing market liquidity are fueling optimism. Historically, Bitcoin has rallied after periods of sideways trading, and current technical charts show higher lows building strong support. With macroeconomic factors like expected Fed rate cuts and stablecoin liquidity injections, BTC may gain further upside. However, traders should remain cautious of potential pullbacks as profit-taking and macro risks can spark volatility. The coming weeks may define whether Bitcoin sets a new all-time high or consolidates before the next breakout.#Gate Square Mid Autumn Creator Incentive #BTC Reserve Market Impact