Bitcoin Aiming for $120,000: The Life-and-Death Speed of $BTC Amidst the Bull Market Frenzy
When the candlestick pierced $110,000, the entire crypto world had fallen into madness. This is not just a digital leap, but the ignition point of a four-year cycle wealth revolution—Bitcoin, the totem of the digital world, stands at the threshold of $120,000, and behind it is the bubbling magma of the entire market.
Institutional Celebration: $6 Billion Bet on the Future
Historical Patterns Reappear
On April 20, 2024, Bitcoin will complete its fourth halving, reducing block rewards to 3.125 coins. Historical patterns have shown that 12-18 months after each halving, an epic bull market is guaranteed.
Leveraged Longs Running Bare
Binance perpetual contract funding rate soared to 0.15%/8 hours, OKX elite long-short ratio broke 3.0, and open contract volume exceeded 50 billion. When all technical indicators light up red alerts, we must be clear-headed: Bull markets are composed of violent washouts, not straight-line rises.
Ultimate Prophecy: $120,000 is Just the Starting Point
Standing at a historical crossroads, we don't predict bull market peaks, but we must respect the madness. When social media is filled with frenzied statements like "BTC will rise to $1 million," please check your stop-loss levels. In this battlefield filled with legends and traps, only those who survive to the end are the winners.
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