$BTC
🚨 Is Bitcoin poised to hit new highs? 🚨
Standard Chartered has just released a bold prediction — Bitcoin $BTC could reach $120,000 by the second quarter. Yes, you read that right. 🔥 Given that BTC is currently trading in the mid $90,000s, this target is not just a moonshot — it is based on real momentum and growing investor demand. 📈
Recent price trends indicate that BTC is responding well to support levels between $93,220 and $94,244. After three waves of pullbacks last Friday, signs of a rebound have emerged. If the bulls hold their ground, we could see $96,275 sooner than expected. 💪
Yes, the market is highly volatile. The resistance level of $95,450 is real. But guess what? There is currently no clear top forming, and the main support levels remain intact. This is encouraging for the bull market. 🚀
We also need to pay attention to macro factors — the upcoming Federal Reserve meeting in May and inflation trends could add momentum to the inflation situation or bring significant changes. 📊
The bottom line is: We are at a critical moment. Stay sharp, manage risk, and don't be afraid of missing out. The next moves could be substantial. 👀