Bitcoin Shows Bullish Signals, $120K Next Target

Krutika Adani

Bitcoin Gets Bullish

Bitcoin has grown bullish lately because of solid demand from retain and ETF markets.

Crosses Key $61k Level

The top crypto has recently crossed $61k, which ensures that Bitcoin remains bullish and enters into a further rally.

Next Targets $120k

After this, Bitcoin has a resistance to cross at $73.7k above which it might soon reach $120k levels.

However, One Trouble Remains

Bitcoin’s price has formed a bearish death cross as it slides below its 50-day moving average.

Key Levels To Watch

Bitcoin looks to reattempt $65k and $73.7k, which once done, could trigger another rally towards a new ATH. In the long-term, its price could attain $120k by 2025.

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