#BTC120kVs125kToday

Bitcoin is trading in a tight range today, hovering between $120,000 and $125,000 as traders await a clear breakout. Bullish sentiment is strong, driven by institutional inflows and global macro uncertainty, but profit-taking near $125K is keeping resistance firm. Analysts point to on-chain data showing reduced exchange reserves, signaling investor confidence and long-term holding. However, a decisive move past $125K is needed to confirm the next leg upward. Meanwhile, support at $120K remains solid amid steady buying pressure. Today’s price action could set the tone for BTC’s short-term momentum, with many watching closely for a breakout or pullback.$BTC