<ul data-eligibleForWebStory="false">Bitcoin has surged to a new all-time high, nearing $120,000 and showing strong upward momentum.Analysts note low trading volumes and mixed signals from technical indicators despite the bullish market sentiment.Crypto Week, scheduled from July 14 to 17, has fueled optimism among investors with key legislative reviews on the agenda.Experts suggest that $120,000 is within reach for Bitcoin, backed by institutional buying and positive market developments.