Post
Topic
Board Speculation
Re: How fast can BTC reach 120K level?
by
JeffBrad12
on 03/07/2025, 05:07:24 UTC
One news would not be capable of getting us above $120,000 anymore because the price of Bitcoin has fallen so low that we might soon be going below $100,000.
The news is not going to save us, we have had one of the biggest news this year with many companies buying Bitcoin, it has never led to any improvement in the price of Bitcoin, our dominance in the market won't come as a result of news anymore, now is the time for the market to follow normal pattern, where we are isn't the end of Bitcoin, it takes only time to see wherever we want it to be.
Most news are already priced in, big company buying BTC is not a new thing so of course the news looks like it didn't influence the market that much therefore it results in stagnation.
However if the news is very bullish like another big country accepting BTC for example, then it can influence the price heavily.

Honestly, I wouldn't worry, chart looking perfect for another rally on the way in the future, what it need is just BTC breaking out of resistance and it will rally to $120k easily. $120k is just a piece of cake.