#BTCReclaims120K – Bitcoin Breaks Major Milestone

Bitcoin (BTC) has reclaimed the $120,000 mark, igniting renewed optimism across the crypto market. This surge comes amid strong institutional inflows, increasing spot ETF volumes, and growing global adoption.

Technical analysts highlight that $120K had been a key psychological and resistance level. A decisive break above it could pave the way for the next major target at $135K–$140K, provided the bullish momentum continues.

On-chain data shows an uptick in long-term holder accumulation, signaling confidence in sustained upward movement. Meanwhile, derivatives markets are experiencing heightened activity, with funding rates turning positive once again.

If Bitcoin holds above this level, market sentiment could shift toward a new all-time high before year-end.