Bitcoin price retargets 119,000 USD as treasuries buy 28,000 BTC in two days

The markets show optimism for Bitcoin reaching a target price of 119,000 USD, driven by interest from corporate treasuries that purchased approximately 30,000 BTC over 48 hours.

Despite fears surrounding recent Fed meetings, the enthusiasm for a strategic Bitcoin reserve has contributed to a rally in BTC prices, with insights from industry analysts suggesting strong institutional buying.

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