Bitcoin crosses $120K – but what does it really mean?

[Dhangotay]

 The market feels split right now. On one hand, Citi Bank’s bullish update fuels confidence that we’re still early in the run. On the other hand, traders are spotting short signals near $121.5K, warning of liquidation risks if momentum fades.

 

Looking at CoinGlass’ bull market peak indicators, most long-term signals are not yet triggered. This suggests we’re mid-cycle, but also reminds us that corrections can come anytime.

 

👉 Do you see $120K as a milestone on the way up, or a warning sign that the top is near?

 

#Bitcoin #Crypto