#CryptoComeback Market Outlook

Analysts suggest that if the current momentum continues, Bitcoin could test resistance levels around $107,000, with potential to reach $120,000 in the near term . However, caution is advised as market volatility remains, and profit-taking could lead to short-term pullbacks.

In summary, the recent developments indicate a significant shift in the cryptocurrency landscape, with increased institutional participation and favorable regulatory changes contributing to Bitcoin's resurgence.