🟡 Will Bitcoin Price Hit $124,000? $BTC /DXY Signals Say Yes
Bitcoin (BTC) has been creating all-time highs in the last two days due to increased demand from both retail and institutional traders. As of writing, the Bitcoin price was trading at $117,764, just 0.85% below the newly formed ATH of $118,856. A major ratio comparing BTC’s performance to that of the US dollar signals that the rally might not be over, and the $124,000 level might be reached soon.