Bitcoin To $120,000 Next? Here’s What Technical Analysis Says

From Yahoo Finance: 2025-05-24 14:30:00

Bitcoin has surged past $106,800, signaling a new bull cycle with targets of $116,000–$128,000. Analyst Kevin predicts resistance at these levels, cautioning against jumping into altcoins blindly. He advises a methodical Bitcoin-first approach, focusing on BTC analysis before considering altcoins. Dogecoin stands out as an outperformer against Bitcoin. Kevin’s technical roadmap since late 2024 has been accurate, with key MACD signals confirming market trends. The breakout will be confirmed if Bitcoin closes above $106,800 for multiple days. Stay tuned for updates as the cryptocurrency market continues to evolve.



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