Bitcoin looks poised for a major breakout this summer. With increasing institutional adoption, declining inflation, and the recent halving event tightening supply, the setup for a rally is strong. If momentum holds and macro conditions remain favorable, I wouldn’t be surprised to see BTC hit $120,000 by the end of the summer. The market is showing renewed strength, and the sentiment is shifting bullish again.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.