Bitcoin’s Spring-Tight Coil Primed to Explode Past $120,000—Here’s Why
Bitcoin’s price action is wound tighter than a Wall Street banker’s smile—and the charts scream breakout.
The Squeeze Before the Storm
After months of sideways trading, BTC’s volatility compression mirrors pre-bull run patterns from 2020 and 2023. Every metric from Bollinger Bands to funding rates suggests this coil won’t hold much longer.
$120K or Bust
The magic number? $120,000. That’s the measured move target when this consolidation finally snaps—a figure that’d make goldbugs and bond traders alike choke on their artisanal coffee.
Institutional FOMO Fuel
BlackRock’s ETF inflows just hit their highest level since launch. Meanwhile, crypto-native whales are accumulating at levels last seen before the 2021 parabola. Even your Uber driver’s suddenly an expert on ‘support zones.’
The Cynical Kick
Of course, Wall Street will claim they saw it coming—right after they finish shorting it into oblivion.