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Bitcoin Price Prediction: BTC USD Targets $120,000 After Current Consolidation

  • Bitcoin price remains strong above $100,000, currently trading around $104,000-$105,000 after hitting an all-time high near $112,000 in May.
  • BTC maintains its position above the critical $100,000 support level for over 20 days, showing strong market confidence and institutional support.
  • Technical indicators suggest BTC could target $120,000 if key resistance levels are breached, with daily trading volumes indicating sustained interest.
  • Wall Street analysts predict BTC could reach $150,000 to $250,000 by 2025 due to institutional adoption, while risk factors such as corporate treasuries as sellers and political tensions could impact its trajectory.

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