Bitcoin Price Could Hit 120K Soon

Bitcoin Price Surges to New All-Time High, Analysts Predict Further Growth

• Bitcoin reached a new all-time high of $111,800 on May 22.
• Crypto analyst Tony Severino predicts Bitcoin could reach between $116,000 and $120,000.
• A range breakout from the $106,000 level is considered significant for sustaining the rally.
• The RSI above 70 on a 3-day timeframe supports the bullish trend.
• Analyst Titan of Crypto forecasts a potential rally to $135,000 this year.

Currently trading at around $111,300, Bitcoin’s price has increased by over 3% in the last 24 hours. Analysts remain optimistic about further growth following recent technical indicators and patterns.