Bitcoin to Rally Towards $130,000 Next
Bitcoin is trading at the $118,700 level on Monday after hitting an all-time high of $122,838 last week. It is down 3.3% from its ATH and Bitcoin could rally in the charts as its price is being concentrated. BTC is attracting heavy buying pressure with institutional clients taking entry positions worth millions of dollars. The development is pushing BTC upward in value, making it a prime investment across the financial sector. Also Read: US Gov: ETH, BTC, ADA Are “Mature”—Ethereum to Rally $4K? Bitcoin’s Next Rally: Projected To Reach $130,000 Source: Watcher Guru Alexander Zahnd, the interim CEO of Zilliqa, said that if Bitcoin continues the rally, its next target could be $130,000. “Bitcoin’s move above $120,000 isn’t just another milestone. It’s a signal that crypto has entered a new phase where institutional confidence is driving consistent demand. What stands out this time is the quality of the rally. It’s spot-driven, not built on leverage, and it’s unfolding in a rela...