#BTC是否会突破12万 Weekly Market Forecast | Market InsightsI believe Bitcoin (BTC) has a strong chance of breaking through the $120,000 mark this week.🔍 Technical OutlookBTC’s daily chart remains in a firm bullish setup. The price is holding well above key supports at $114K–$116K, forming higher lows with consistent buy volume. The 50-day and 100-day moving averages are aligned upward — a clear sign of sustained bullish momentum.💹 Market SentimentOn-chain data shows long-term holders are accumulating, and short-term traders are reducing selling pressure. The Fear & Greed Index has tilted toward “Greed,” suggesting strong market confidence, but not yet overheated.🌍 Macro & Institutional FactorsExpectations of a Federal Reserve rate cut continue to boost investor optimism. Meanwhile, ETF inflows remain steady, confirming that institutional money is still entering the market. This combination strengthens the bullish case for BTC.🎯 My ForecastIf BTC maintains its position above $118,000 and volume supports the next leg up, a clean breakout above $120,000 looks likely within the week. However, failure to hold $116K could trigger a short-term pullback toward $113K before the next rally.📈 Overall sentiment: BullishMy view: Yes — BTC can break $120,000 this week.🏆 Participating in Weekly Market Forecast Challenge | Market Insights WeeklyFollow @GateSquare_Official and share your view with hashtag #BTC是否会突破12万
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#BTC是否会突破12万 Weekly Market Forecast | Market InsightsI believe Bitcoin (BTC) has a strong chance of breaking through the $120,000 mark this week.🔍 Technical OutlookBTC’s daily chart remains in a firm bullish setup. The price is holding well above key supports at $114K–$116K, forming higher lows with consistent buy volume. The 50-day and 100-day moving averages are aligned upward — a clear sign of sustained bullish momentum.💹 Market SentimentOn-chain data shows long-term holders are accumulating, and short-term traders are reducing selling pressure. The Fear & Greed Index has tilted toward “Greed,” suggesting strong market confidence, but not yet overheated.🌍 Macro & Institutional FactorsExpectations of a Federal Reserve rate cut continue to boost investor optimism. Meanwhile, ETF inflows remain steady, confirming that institutional money is still entering the market. This combination strengthens the bullish case for BTC.🎯 My ForecastIf BTC maintains its position above $118,000 and volume supports the next leg up, a clean breakout above $120,000 looks likely within the week. However, failure to hold $116K could trigger a short-term pullback toward $113K before the next rally.📈 Overall sentiment: BullishMy view: Yes — BTC can break $120,000 this week.🏆 Participating in Weekly Market Forecast Challenge | Market Insights WeeklyFollow @GateSquare_Official and share your view with hashtag #BTC是否会突破12万
#WillBTCHit120K