Bitcoin analysts predict a rally to $120,000 during the first month of 2025, with nearly $45 billion worth of stablecoin reserves awaiting deployment on Binance.
The Bitcoin price may be setting up for a breakout to $120,000, bolstered by a new all-time high of stablecoin reserves on cryptocurrency exchange Binance.
Bitcoin (BTC) may be poised for a rally following its 10% correction from the $108,300 all-time high recorded on Dec. 17, Cointelegraph Markets Pro data shows.
BTC/USD, 1-month chart. Source: Cointelegraph
