Reaching $120K is very possible because it is getting closer to the ATH price now --- it may be true that there will be resistance as predicted and this makes bitcoin go back up to break the record but it seems that now it is slowly but surely going up.
Actually I myself am targeting more than $150K this year because there are still a few months, so it's still quite realistic to say so, after all, who knows the beginning of 2026 will still be in the bullish area, hope so.

Turns out you were right, good job on your speculation! Bitcoin almost reached $119,000, which is basically the same thing as $120,000 you pointed out. It's an astonishing feat and if you ask me, I wasn't expecting such a major rise in price that early, meaning happening this summer. Personally, I was anticipating it happening more towards the end of the year, between October and November, but it came a lot sooner. The current outlook makes it even promising to see $150,000 near the end of 2025, it looks quite possible.