The 120,000 of Bitcoin is not a dream, but the logical endpoint of a trend.

I believe that #BTC is expected to break through $120,000 this week.
📈 From a technical perspective, BTC has completed a typical "converging triangle breakout" structure, and the current price is running at the midline of an ascending channel. If it can stabilize at $118,500, it is expected to reach the target wave range of $120,500 to $122,000. The technical indicator RSI is steadily rising, and there are no signs of momentum exhaustion.

The macro environment continues to be favorable. The Federal Reserve's monetary stance has shifted to a dovish one, and the market is betting on interest rate cuts in December or even earlier. The US dollar index has declined, providing natural upward momentum for Bitcoin; at the same time, US stocks are steadily rising, and gold remains stable, with both risk and safe-haven assets shining, indicating ample liquidity.

The inflow of funds on-chain is significant. ETFs have seen continuous net inflows, and institutional holdings continue to increase. In particular, the increased positions by Grayscale and BlackRock provide strong endorsement for BTC. Retail sentiment has shifted from panic to cautious optimism, indicating that the market is in the early stages of a 'rational bull'.

Strategy Suggestion: For short-term long positions, focus on the support at $118,000, with a target of $120,000~$122,000. If there is a significant breakout above $122,500, it is expected to accelerate towards $125,000. Set the stop loss at $117,200.
This rise of Bitcoin does not rely on dreams, but on the resonance of structure, funds, and emotions. 120,000 is not a miracle, but an inevitable extension of the trend.