Analyst Michael Terpin predicts Bitcoin will surpass $120,000 before the next halving event in 2028. Terpin identifies Q4 2027 as the most likely timeframe for the cryptocurrency to breach this price level. The forecast places the anticipated milestone ahead of the scheduled 2028 halving, suggesting significant upside potential within the current market cycle. This projection adds to growing analyst discourse regarding Bitcoin's long-term price trajectory leading into the next supply reduction event.