Bitcoin remains close to USD 120,000, driven by a favorable macroeconomic environment, with U.S. inflation data better than expected and rising expectations of rate cuts by the Federal Reserve. Technically, it broke key barriers after surpassing USD 118,803, consolidating around USD 121,964 according to recent analysis. Additionally, the potential inclusion of Bitcoin in retirement plans like 401(k)s in the U.S. could push its price close to USD 194,000.