<ul><li>Bitcoin, after hitting a new all-time high near $112,000, is currently undergoing a correction losing over 7% of its value.</li><li>Analyst KillaXBT predicts that Bitcoin will reach $120,000 by mid-June and advises traders to swing long at $104,000.</li><li>Despite the market correction, KillaXBT believes that Bitcoin's bullish momentum is intact as institutional investors and market whales are showing long-term conviction.</li><li>There is a potential for a market upset if Bitcoin's price closes decisively below $97,000, in which case KillaXBT suggests a recovery trade strategy.</li></ul>

Bitcoin Set To Hit $120,000? Analyst Predicts New ATH By Mid-June

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