$BTC Break of historical maximum – Is $120K the next target?

BTC/USDT has just made history, reaching a new all-time high of $113,788. After this strong breakthrough, the price has cooled a bit and is now trading around $113,000. This is a natural retracement phase after a big move, possibly a pullback to $110k, but a sharp rise is likely to happen soon, and this feels more like a retest than a reversal.

The bulls have not given up yet. As long as BTC remains above the key level of $110,000, this move still looks healthy. This range could serve as support ahead of the next growth phase. A breakout above $114,000 could open the door for a move to $120,000 and beyond. Stay focused, the next big step may be closer than it seems.