Bitcoin Hits Record Quarterly Close — Is $120K the Next Target?

Jul 04 2025 bitcoin


Bitcoin has achieved a historic quarterly finish, prompting speculation about its potential to reach six figures. This surge has set the stage for a closer examination of other cryptocurrencies that might follow in Bitcoin's footsteps. The article delves into coins poised for significant growth, revealing intriguing insights for investors and enthusiasts alike. Bitcoin Eyes Resistance as Price Remains Steady Bitcoin is moving in a stable price range between roughly $102,000 and $111,000. The digital currency has shown a 3.49% increase over the last month, and it's up 12% in the past six months. With the current price hovering near $111,000, Bitcoin is showing resilience and may aim for a new high. The next target is the nearest resistance level at approximately $114,000. If it breaks this level, it might surge towards the second resistance around $123,000. Such a rise would mean an increase of nearly 10% from its current position, showcasing its potential for growth as investors keep an eye on these key levels. Conclusion Bitcoin’s record-breaking quarterly close signals more than just strong market momentum—it opens the door to a potential rally toward the $120K mark. With resistance levels in sight and investor confidence holding firm, BTC appears well-positioned for continued growth. As the crypto market heats up, traders are watching closely not only Bitcoin but also the altcoins poised to ride the wave—making this a pivotal moment to assess emerging opportunities. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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