Bitcoin has smashed through the $100,000 milestone, currently trading at $101,700! With $1.54 billion in $120,000 call options, traders are speculating on an even bigger rally ahead. Here’s what’s fueling the buzz:
📊 Key Drivers Behind the Surge:
1️⃣ Trump’s Inauguration:
Speculation about a potential crypto-friendly administration has the market buzzing.
Could this mark a pivotal shift in U.S. crypto policies?
2️⃣ Macroeconomic Factors:
Upcoming job reports and economic data might influence Bitcoin's momentum.
3️⃣ Market Sentiment:
Analysts are bullish, predicting Bitcoin could soar to $120K in the near future.
📈 What’s Next for Bitcoin?
Support Levels: $100K and $98K.
Resistance Zones: $105K and $120K.
💬 Your Take:
Will Bitcoin continue its ascent and hit $120K, or is a correction on the horizon?
Drop your predictions in the comments! 💡
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