New Bitcoin $BTC

1. The price of Bitcoin has risen to $120,000, the highest level since early July, supported by improved economic outlook.

2. The main reason was a new trade agreement between the United States and the European Union announced by President Trump, which boosted investor confidence.

3. Despite geopolitical pressures, Bitcoin has maintained stability between $116,000 and $121,000, reflecting strong support in this range.

4. Institutional flows remain strong, with over $11.2 billion pumped into digital assets during July, with Ethereum temporarily outperforming.

5. Analysts at Cantor Fitzgerald raised their forecasts, predicting that Bitcoin could reach one million dollars due to ongoing supportive factors.

6. MicroStrategy, the largest institutional holder of Bitcoin, saw a rise in its stock price following these forecasts and hints at an annual purchase of up to $20 billion.

7. Overall, Bitcoin is undergoing a phase of consolidation and stability, clearly supported by regulatory clarity and increasing interest from exchange-traded funds (ETFs).