Bitcoin has recently broken through the significant $96K resistance level, indicating a bullish trend in the market. This development has set sights on a new key target of $120K, suggesting that a potential bull run might be on the horizon.
With the current market dynamics, analysts and traders are closely monitoring Bitcoin's performance to evaluate the strength of this upward trend. The breakthrough is seen as an important signal of Bitcoin's growing momentum.
Market participants are optimistic about Bitcoin's future price movements, as breaking such resistance levels often leads to significant rallies in the cryptocurrency market. The anticipation is building around Bitcoin's capability to reach the $120K mark.
