Seems like BTC just hit the resistance level at 110K
Are we going to see BTC breaking 120K level sooner?
How fast can it reach and what is everyone thinking of?
Are you greedy or what? You said it, Bitcoin just hit $110k, and you instantly want to know when it will hit $120k. Where is the fire? This is second time during one week when Bitcoin surpasses $110k mark. Imo it needs first to settle on that level, become strong, holders and traders must get used to that price before going further. But you want price to go further and soon. After Bitcoin reaches $120k, you will ask when $130k?
I would not call it greedy, rather I would call it optimism, this is the bull run and nobody would be wrong if they anticipate a much higher price. Most of us anticipated the $110k mark for long, we have it here and it even surpassed it to get the over $111k mark. These pumps were as a result of MicroStrategy acquiring 4k+ bitcoins recently and with more whales jumping in and purchasing bitcoin, we would definitely see higher prices.
We are all bitcoin enthusiasts, $120k would be a good milestone and I am also rooting for it, although I understand it could take some time to come by, but no one knows when it would come, it could even be sooner than your are speculating.