Bitcoin (BTC) Price Eyes $120K Breakout as Market Ignores Fed’s July Rate Cut Delay

Key Insights: Bitcoin price hovered near $103,000 as traders braced for another breakout. Despite the Federal Reserve’s hawkish tone, traders eyed a move toward $120,000 as short liquidations loomed. Data from TradingView showed BTC consolidating after briefly tapping $105,000. Traders remain split, but several forecast a continuation of the uptrend if the flagship crypto reclaims $108,000 source: https://www.thecoinrepublic.com/2025/05/15/bitcoin-btc-price-eyes-120k-breakout-as-market-ignores-feds-july-rate-cut-delay/