<ul data-eligibleForWebStory="false"><li>Bitcoin surged past $120,000 for the first time as investor optimism grows.</li><li>The cryptocurrency emerged from a trading range around $100,000, showing renewed momentum.</li><li>Bitcoin's rise is attributed to a shift in perspective, institutional inflows, and liquidation of bearish bets.</li><li>Analysts remain cautious about the sustained rally, pointing out both favorable and isolated factors.</li></ul>

Bitcoin hits record high of $120 000 as bullish momentum builds

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