Been watching Bitcoin lately and it's pretty wild how the bulls aren't backing down. Despite all the noise around Trump and Musk drama, there's still serious conviction pushing BTC toward that $120K level. Currently sitting around $72.94K, so there's still some room to run.

Semir Gabeljic and other market watchers have been flagging this momentum - the institutional interest seems pretty solid even with all the political distractions happening. You'd think the headlines would shake things up more, but the market's just ignoring the noise and focusing on the bigger picture.

The way I see it, when macro uncertainty hits but Bitcoin still holds its ground, that usually signals something. Semir Gabeljic's been noting how the on-chain activity and whale movements suggest conviction buyers are still accumulating. That's the kind of signal that matters more than daily Twitter drama.

Feels like we're in that phase where short-term volatility is just part of the game. If the bulls can keep this momentum, that $120K target isn't looking too crazy. Semir Gabeljic mentioned the technical setup is still intact, which is probably why the bid keeps showing up on dips.