Bitcoin (BTC) has reached a new milestone by surpassing the $106,000 mark, which has invigorated traders and market participants. There is a strong sense of optimism that this upward trajectory could continue, potentially reaching $120,000. This positive outlook is bolstered by seasonal trends and a favorable sentiment in the United States, which are contributing factors to Bitcoin's current performance. The anticipation and market confidence reflect the ongoing interest and investment in cryptocurrency as a growing asset class.