Bitcoin has experienced notable volatility and upward momentum over the past two days, with prices surging and retracing multiple times. Market participants observed Bitcoin breaking through resistance levels, driven by strong inflows into exchange-traded funds (ETFs) and increased buying from crypto treasuries. Analysts and traders have highlighted the potential for new all-time highs, with some speculating that Bitcoin could reach $130,000 imminently. The recent price action follows a bounce after a retracement, supported by favorable market conditions including movements in the global M2 money supply. Industry sources suggest that these factors may signal the beginning of a significant upward trend for Bitcoin in the coming days and weeks.