🔶 Bitcoin Eyes $120K? Here's Why Analysts Are Bullish

#Bitcoin #BTCAnalysis #BinanceAlpha #Coinbase #CryptoMarkets

📉 BTC Inflows to Binance Plunge

Bitcoin inflows on Binance have dropped to just 5,147 BTC, the lowest in years — even below bear market levels.

👉 Less BTC on exchanges = less selling pressure = more bullish potential.

📈 Key Technicals Point Upward

BTC reclaimed the 50-day EMA, a historic breakout signal.

Spot CVD is rising, showing strong real-time demand.

Analysts expect a potential move to $120,000 if momentum continues.

📊 Coinbase Stock Nears All-Time High

$COIN is up 42% YTD, reaching a new 52-week high at $369.25 — just shy of its 2021 record.

🚀 The rally is driven by:

Bitcoin’s climb past $107K

Bullish U.S. regulation

Strong subscription & stablecoin income

Circle’s IPO success and deeper Coinbase–USDC ties are further boosting investor confidence. With a market cap of $89.6B, Coinbase remains a top crypto equity play.