Bitcoin's Wild Ride: Is $120K Next?! 🚀

Bitcoin's showing signs of life after testing $100,000 support, and analysts are watching closely! 👀 The weekly close offered some hope, with predictions of a surge back to all-time highs still in play. But watch out for those liquidity grabs – a break below $100,000 could trigger a bigger correction.

This week's CPI and PPI data could be a game-changer, especially with the Fed's upcoming meeting. Short-term holders have a key level around $106,200, which could act as resistance.

Despite some drama, could this be a "buy the news" moment? One analyst believes that if Bitcoin flips resistance at $107,800, $120,000 is the next stop! 💥

What do you think will happen next?

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