Bitcoin (BTC) to $120,000? Secret Reasons Why
As long as momentum does not reverse, this bullish structure shows that Bitcoin is still in a strong position for another leg up. Santiment declares that there have been numerous spikes in the period, Bitcoin’s all-time high being pointed out on different social media platforms, particularly on June 2, 4, 5 and 9. The next effort at the ATH may have enough momentum to conquer resistance and send out Bitcoin into price discovery mode, offered that it stays above the $105,000 support and social volume does not go crazy.
Bitcoin is circling around just below the crucial $112,000 mark once again, teasing its all-time high. Santiment declares that there have been numerous spikes in the period, Bitcoin’s all-time high being mentioned on numerous social media platforms, specifically on June 2, 4, 5 and 9. Bitcoin may be about to exceed its all-time high– not just reach it– if retail ecstasy is kept in check.