Bitcoin Price Analysis: $120K Rally or $78K Drop What’s Next?

The entrance of Bitcoin (BTC) price above $100k, for the first time since its existence earlier this month, was viewed as one of the most important bullish milestones during the 2024/2025 bull market. However, the accelerated crypto cash rotation to large and mid-cap altcoins in preparation for a parabolic altseason in 2025, has weighed down on Bitcoin’s previous bullish sentiment.

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