According to AltcoinGordon on Twitter, technical analysis suggests that Bitcoin (BTC) is on track for a $120,000 price target, with his chart indicating strong upward momentum and historical trendline support (Source: Twitter/@AltcoinGordon, June 16, 2025). Traders are closely monitoring resistance levels near $120K for potential breakout opportunities, and a confirmed move above this threshold could trigger further bullish momentum in the crypto market. This projection is driving increased trading volume and market interest in BTC, as investors assess the impact on broader cryptocurrency valuations.