$BTC Summary:

Bitcoin (BTC) may be poised for a major price surge, potentially reaching $120,000, following President Trump's delay of trade tariffs. Analyst Ted Pillows suggests that BTC is completing a Wyckoff accumulation phase, supported by a rising BTC/M2 ratio — a metric that compares Bitcoin's price to money supply (M2). As M2 increases, it boosts liquidity, which could fuel investment into Bitcoin. This pattern indicates that institutional investors may be accumulating BTC before a significant upward move.