120,000 USD is not a dream? Bitcoin is entering the 'calm before the storm'.

Bitcoin is quietly approaching the final stage of the great bull run.

From a technical perspective, it is in the last phase of the Wyckoff accumulation model. To put it simply, this stage is like the final push before the market maker collects enough chips; once the chips are sufficient, the surge will happen in an instant.

Multiple analysts are simultaneously stating: as long as it maintains the range, Bitcoin is expected to break through the historical high of 108,000 and soar towards 120,000 or even further into the unknown.

Moreover, USDT has recently issued an additional 2 billion — you know what that means, liquidity injection is the ignition for the market.

On-chain data is also supportive: more and more chips are moving from exchanges to cold wallets, a typical 'long-term holding' posture, indicating that some are very confident that this wave will take off.

Furthermore, ETF data has provided a strong boost: in April, the net inflow for the Bitcoin spot ETF was 2.97 billion USD, far exceeding the net outflow in March. Don't underestimate this wave; institutional entry means that the new cycle is far from over.