BTC Price Stability Could Fuel Long-Term Surge Toward $120K Target
The post BTC Price Stability Could Fuel Long-Term Surge Toward $120K Target appeared on BitcoinEthereumNews.com.
Key Insights: Bitcoin liquidity rises for first time since July, signaling renewed investor participation and confidence. Open interest hits $33.22B, 70% higher than altcoins, suggesting possible altcoin rebound ahead. Analysts see Bitcoin support stability as key driver toward potential long-term $120K target. BTC Price Stability Could Fuel Long-Term Surge Toward $120K Target Bitcoin (BTC) continues to trade with strength as analysts monitor support levels that could shape its next major move. The cryptocurrency market has shown renewed activity, with Bitcoin’s recent stability and rising liquidity suggesting a possible long-term rally. Bitcoin Support Levels May Drive Long-Term Growth as Liquidity Returns According to Rekt Capital Bitcoin could rally toward the $120,000 mark over time if it continues to hold its present support zone. The comment came as Bitcoin showed a strong reaction before the new weekly close, signaling firm market support. He added that price stability is absolutely key for any sustained move higher. Potential Uptrend | Source: X Traders are watching this range closely as many consider it an accumulation phase before the next potential uptrend. Liquidity in the Bitcoin market is increasing for the first time since July, as capital is flowing back into the system, with most funds moving directly into Bitcoin. This rise in liquidity has historically occurred before major upward movements in Bitcoin’s price. Analysts cited by the outlet said the renewed liquidity points to stronger investor confidence after months of reduced market activity. They also noted that continuous capital inflow could support a broader recovery if market conditions remain stable. Bitcoin Open Interest Reaches $33.22 Billion Meanwhile, the Bitcoin open interest (OI) has reached $33.22 billion, about 70% higher than the open interest of altcoins excluding Ethereum, which stands at $19.65 billion. This level of divergence has appeared only four times since November 2023, August…
Filed under: News - @ October 20, 2025 8:29 am