# WillBTCHit120K

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‍#WillBTCHit120K
It’s unlikely that Bitcoin (BTC) will hit $120,000 this week, though the possibility isn’t completely off the table.
The current market momentum is showing strength, but not enough sustained buying pressure to push prices through that major resistance within the next few days. Bitcoin is currently trading around $113,000, and while intraday spikes could test higher levels, a full breakout to $120K this week would likely require a major bullish catalyst such as stronger ETF inflows, a significant macro event, or renewed retail enthusiasm.
So, in short: BTC probably will not hi

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cryptoKnowledge

HODL Tight 💪

KatyPaty

10-28 13:18

#WillBTCHit120K
📈 Market Insights Weekly: Weekly Forecast Challenge
💡 My forecast:
I believe that BTC will not reach the $120K level this week. Moreover, there is still a risk of correction, and one of the key factors could be an unfilled GAP on the CME chart.
📉 Technical analysis justification:
· Current price: $114,724. BTC is in a consolidation zone below the key resistance of $115,789 (24 h High ).
· Indicators signal overbought conditions:
· RSI(9) = 87.4 — indicates strong overboughtness. Historically, such levels often precede a correction or sideways movement.
· MACD: Positive

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Asiftahsin

1000x Vibes 🤑

HighAmbition

10-30 00:56

#WillBTCHit120K ? — My Judgment: YES ✅
Bitcoin is showing strong potential to hit $120,000 soon. Currently trading near $111,000, BTC continues to maintain bullish momentum even after minor pullbacks. The support zone between $108K–$110K is holding firmly, showing that buyers are still active. Technical indicators such as RSI and MACD are turning positive, pointing toward renewed upward energy.
On-chain metrics also confirm strength — long-term holders are accumulating, exchange inflows are decreasing, and whale wallets are adding to positions quietly. This pattern often signals the calm befor

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BeautifulDay

nice information

CHAITHU

10-29 08:35

#WillBTCHit120K
📉 📈 I think BTC can hit $120K during Oct 28–Nov 2 if price holds key support and macro catalysts (Fed dovishness + ETF demand) stay constructive; failure to hold short-term support or a sudden liquidity/flow reversal pushes odds below 50%.
🔹Technical case (price structure and levels)
- Trend: Daily structure shows an intact uptrend with higher highs / higher lows since early October; recent break above near-term resistance accelerated momentum toward $120K.
- Key levels: Support ~ $111k–$114k (recent swing lows and 50-day confluence); Immediate resistance $118k–$120k, clea

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Bit_Britten

thank you for the information

HighAmbition

10-31 04:17

#WillBTCHit120K | My Deep Take on Bitcoin’s Next Move 🌟
Bitcoin is currently trading near $111,000, showing moderate volatility in the last 24 hours with swings of about 2–3%. Despite small fluctuations, overall sentiment across the crypto market remains strongly bullish. Traders are closely watching the $115,000 resistance zone — once broken, it could open the path toward the highly anticipated $120K target. Institutional buying, growing ETF inflows, and the upcoming halving narrative continue to strengthen Bitcoin’s long-term outlook. While short-term corrections are part of the game, BTC’s

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BeautifulDay

bul run

HighAmbition

11-01 08:30

#WillBTCHit120K
Bitcoin continues to show strong bullish momentum as it trades above the $109K mark on Gate.io. The market structure remains positive with consistent higher lows, indicating that buyers are firmly in control. If BTC breaks above the $115K–$117K resistance zone, it could trigger a rapid move toward the $120K target as traders chase the breakout. On-chain data reveals increased accumulation and declining exchange reserves, showing that supply is tightening while demand grows. Institutional flows and ETF optimism are further fueling sentiment, suggesting that macro conditions rema

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ShainingMoon

Bull Run 🐂

Gate_Square

10-28 04:47

📈 Market Insights Weekly: Weekly Forecast Challenge
This Week’s Theme: #WillBTCHit120K
📅 Event Period: Oct 28 – Nov 2, 24:00 (UTC+8)
💡 What to Do:
Share your market view on this week’s theme: #WillBTCHit120K ?
👉 Explain your reasoning—whether through technical analysis, macro trends, on-chain data, or market sentiment. Show your unique insight!
🏆 Rewards (Total $1000 in Position Vouchers)
🥇 Top Insight (3 winners): $150 position voucher
🥈 Excellent Analysis (6 winners): $50 position voucher
🥉 Active Analyst (10 winners): $25 position voucher
✍️ How to Participate:
1️⃣ Follow @Gate_Squ

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HighAmbition

HODL Tight 💪

AngelEye

10-30 04:10

#WillBTCHit120K
My Fresh Market Insight: BTC Looks Ready For A Comeback Run 🚀
Bitcoin is currently trading around $110,261, but the story hidden inside this chart is far more bullish than the number. Price has pulled back to a key support area where buyers have historically stepped in strong. Even after correction, BTC continues forming a higher low pattern, showing bulls are still protecting this zone with power.
The moving averages are the real clue here.
MA10 sits close to the price, hinting that a reversal may be building. Once daily candles reclaim MA30 near $114K, momentum can flip shar

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