Bitcoin surpassed $109,000, indicating bulls control the market and increasing chances for new highs. Bitcoin's price has risen sharply, with analysts predicting further gains up to $120,000, supported by strong inflows into spot Bitcoin ETFs.
Bitcoin bulls appear poised to win the upcoming $20 billion options expiry, raising the chances for a rally to $110,000. Bitcoin traders are closely watching the $20 billion monthly options expiry set for June 27.
Bitcoin price surged to $108K, marking a strong recovery. The rise was fueled by retail FOMO and a bullish technical breakout. Analysts caution about potential short-term corrections but remain generally bullish on Bitcoin.
