🚀 Bitcoin heading to 120K? What the data reveals!

Realized Cap HODL Waves show a structurally bullish scenario for Bitcoin. Long-term ranges (5-10 years and >10 years) remain dominant, reducing supply in the market and sustaining the uptrend.

Historically, this supply retention precedes major valuation movements. Without a significant increase in the short-term ranges (1m-3m and 3m-6m), selling pressure remains low, paving the way for BTC to surpass $100K and possibly reach $120K before a major realization.

⚠️ But pay attention to the macro scenario!

If the Fed tightens interest rates, Bitcoin may face volatility before reaching these targets. The market remains optimistic, but the risks need to be monitored!

📊 What do you think? BTC heading to 120K or will we have a surprise?

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