#MarketNewHype
I believe that#BTCcould reach the 120k level this month.
At the moment, the price of BTC is taking off. There is a lot of demand for little supply. BTC is increasingly scarce on exchanges.
On Wednesday, we could see another interest rate cut and this could trigger a new appreciation of the asset.
BTC is within a short-term rising channel. BTC has broken out of a consolidation and is now testing the top of the channel. We are heading towards 100% of the pivot (120k and 121k range).
December is marked by big increases.
History does not repeat itself, but it always rhymes.
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀