Bitcoin closed the week above $115,000, sparking renewed optimism among traders who are now eyeing a move toward $120,000.

The rally was backed by rising trading volume, stronger buying pressure, growing institutional purchases, and surging retail demand.

Technical indicators show key resistance levels cleared, prompting analysts to raise price targets and signal potential continuation of the uptrend.

Market sentiment is largely positive, with many participants watching closely for confirmation of further gains or signs of a pullback.