Bitcoin (BTC) has found solid support around the $112,000 level despite recent market volatility. Analysts suggest that if the price remains above this zone, a retest of $120,000 could be on the horizon. Rising institutional demand, steady inflows into spot ETFs, and growing expectations of a Federal Reserve rate cut are fueling bullish sentiment. However, experts caution that sustained momentum above $120,000 will require higher trading volumes and a stable macroeconomic backdrop.
“Bitcoin Holds Strong at $112K as Analysts Eye a Move Toward $120K”
