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    Home»NFT»Bitcoin will reach $120K
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    Bitcoin will reach $120K

    Comic VibeBy Comic VibeFebruary 28, 2025No Comments4 Mins Read
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    Bitcoin has failed today, but that certainly isn’t. With the increasing rate of bullish catalysts, many experts believe that the recent sell-off may mark an unmissable opportunity to buy $BTC.

    This Bitcoin price prediction ruins how far Bitcoin can go, and explores a new Bitcoin-themed meme coin BTC Bull Token.

    Bitcoin market dynamics and adoption continues to rise

    The influx of shorts puts a lot of pressure on today’s Bitcoin price. Analyst Carl Menger noted that shorts now surpass Bitcoin’s long-term 10:1.

    Typically, prices move to areas with the most liquidity, in which case this means higher prices to clear short buyers.

    Break: Big bet #bitcoin. Shorts over 10:1 time – This setting has been used for nuclear bombs. pic.twitter.com/m3bwnw5upw

    – Carl₿my⚡️🇸🇻 (@carlbménger) February 28, 2025

    However, futures trading generally has a shorter impact on cryptocurrencies. In the medium term, traders point to U.S. M2 supply and use global liquidity as a bullish catalyst for Bitcoin.

    As analyst Riggs shows, the price of Bitcoin usually follows the M2 currency supply. Currently, M2 is rising, while Bitcoin is falling. Analysts suggest that the current decline will end soon as Bitcoin is repositioning.

    M2 liquidity – white line
    BTC-Orange Line

    Bitcoin dip will end soon and recovery will be violent.

    Notice? pic.twitter.com/clit2ndiof

    – riggs (@riggsbtc) February 27, 2025

    Famous trader Michael Van der Popp Agreeing that Bitcoin will be restored soon, also noting: “The U.S. government is very supportive.”

    “I would say this will quickly reverse over the next 1-2 weeks, with the bottom close,” he wrote.

    In the U.S. government, state-level adoption of Bitcoin is moving forward, with Arizona and Utah close to approving bills for national-level Bitcoin reserves.

    new: Arizona’s Bitcoin Reserves Act passes third reading of the Senate – now enters the House! 👏

    Arizona is closing Utah leadership👀 pic.twitter.com/isdozcrwsv

    – Encryption (@cryptosr_us) February 28, 2025

    Bitcoin holders are also eagerly awaiting a reply from the U.S. federal government to the national-level strategic reserves of Bitcoin, which could involve a bill proposed by the U.S. government under Sen. Cynthia Lummis, involving 5% of the total Bitcoin supply purchased by the U.S. government.

    Other countries, such as the United Arab Emirates, Thailand, Germany, Hong Kong and Poland, are actively engaged or are considering adoption of Bitcoin.

    Overall, market dynamics from nation-states and the upward effects of Bitcoin adoption are encouraging. But, what do you say about the price list?

    Bitcoin recovers and merges at $120K

    Kaleo, a well-known crypto analyst who accurately calls macro tops and bottoms since 2022, predicts that Bitcoin has reached a low point and will now start to rise with the first major target of $120k.

    He suggested that the recent economic downturn has deviated from key support levels and Bitcoin will recover quickly in the coming days.

    After a breakthrough of more than $120,000, analysts believe that Bitcoin listing is still continuing in midsummer, and his fractal price has been expressed to $137,000.

    #bitcoin / $ btc

    The line is finally just from here

    I’m bullying pic.twitter.com/vsfsmxnphb

    — Kaleo (@cryptokaleo) February 28, 2025

    Apparently, there is a consensus among well-known analysts that Bitcoin will recover its lost stance in the coming weeks, driven by the fundamentals of bullish basics and the support of key areas in its price chart.

    However, as experts expect Bitcoin is rising, one of the best-performing items is $btcbull.

    Newly launched BTC Bull Token Meme Coin surpasses BTC in 2025?

    Bitcoin is expected to return less than 2 times its ROI in the coming months. Many retail investors aim to outperform Bitcoin with other cryptocurrencies such as Meme Coins.

    However, the problem with meme coins and many other Altcoins is that they are highly variable and rapidly drop as they rise. But what if there is a meme coin backed by Bitcoin, the most trusted asset of cryptocurrency?

    In an industry first, a new meme coin is called BTC Bull Token Payment will be free of charge to its holders of $BTC. Just Hodl BTC Bull Token, and you get free $BTC and $btcbull whenever the price of Bitcoin reaches a critical milestone.

    In addition, the project also has a mechanism for points and burning that can further enhance its token learning.

    It is built on the Ethereum network, but has partnered with the best wallets for multi-coded crypto wallets so holders can get free bitcoins from the same app.

    BTC Bull Token aims to increase Bitcoin ownership while ensuring wide accessibility through the Ethereum ecosystem.

    The project is attracting a lot of attention, and recently an analyst at 99bitcoins said the price could be 100 times.

    https://www.youtube.com/watch?v=eclrjzjc3uk

    BTC Bull Token is undergoing pre-sales and has raised $2.9 million so far.

    The current price is $0.002385, but this will rise throughout the ICO and after-sales can be used to soar with Bitcoin due to the unique mechanism of the project.

    Visit BTC Bull Token Presale

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