Bitcoin (BTC) has climbed to $108,470, signaling a potential move toward $120,000. Key developments fueling this rise include strong legislative support in Texas for a state Bitcoin reserve, increased government crackdown on crypto scams enhancing investor trust, and significant institutional buying exemplified by Semler Scientific's $50 million BTC purchase. Technical analysis shows bullish patterns with critical resistance levels approaching, while promising altcoins like BTC Bull Token attract interest with high staking yields and innovative reward mechanisms. Combined, these factors paint a bullish outlook for Bitcoin’s near-term trajectory.
Continue to read Bitcoin Surges Past $108,000: Is $120K the Next Major Milestone?
Bitcoin (BTC) has climbed to $108,470, signaling a potential move toward $120,000. Key developments fueling this rise include strong legislative support in Texas for a state Bitcoin reserve, increased government crackdown on crypto scams enhancing investor trust, and significant institutional buying exemplified by Semler Scientific's $50 million BTC purchase. Technical analysis shows bullish patterns with critical resistance levels approaching, while promising altcoins like BTC Bull Token attract interest with high staking yields and innovative reward mechanisms. Combined, these factors paint a bullish outlook for Bitcoin’s near-term trajectory.
Continue to read Bitcoin Surges Past $108,000: Is $120K the Next Major Milestone?
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