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120,000 mark, is BTC this time a "true bull" or a "false fire"?
Hello everyone, welcome to the "120,000 Club" in the crypto world! BTC has finally returned to the 120,000 level. Doesn't it feel both exhilarating and nerve-wracking? This market trend feels a bit like riding a roller coaster: your heart races on the way up, and you feel anxious on the way down, questioning your life.
Let's first talk about why this time is quite reliable. 120,000 is a psychological price point, and once we cross this threshold, both retail and institutional confidence can quickly soar. Institutional buying is quietly entering the market, wallets are starting to expand, and the FOMO (fear of missing out) effect is about to kick in.
However, don't rush to put all your money into BTC; there are a few "pits" here. First, market volatility is still high; 120,000 is just a temporary glory and may be "slapped in the face" by the market at any time. Second, external policies and the macroeconomic environment are still complex; the movement of the dollar and interest rate decisions are all "invisible killers."
The biggest driver of this surge is actually "market sentiment"—on one side, there are resilient investors who have experienced last year's lows, and on the other side, there is a hedging demand against future economic uncertainties. BTC has once again become the "digital gold," drawing attention just like showing off a new luxury car in your social circle.
In summary: 120,000, while not the end point, is definitely a beautiful start to a bull market. View the market rationally, do not be led by emotions; steady and steady progress is the hard truth.
Want to hear the "big boss story" behind this in my next revelation? Don't go away!