Bitcoin to $120,000? Here’s What Must Happen First, per Analyst

From Investing.com

May 17, 2025 4:30:00 PM:

A well-known analyst predicts Bitcoin could reach $120,000, but certain conditions must be met first. The cryptocurrency must break through key resistance levels and see increased institutional investment. Current price is around $58,000. Analyst cites growing adoption and interest as driving factors. Bitcoin’s future value hinges on market dynamics and investor sentiment.

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