#BTC120kVs125kToday 📊 Bitcoin breaks $120,000: can it reach $125,000 today?

Current price: around $120,945 USD, with a rise of +2.7% for the day, marking a new all-time high (ATH).

(Source: Investing.com)

🔥 Why did BTC reach $120K and what could drive it to $125K?

1. Technical breakout with high volume

BTC surpassed key resistances around $120K–$121K, triggering bullish signals among technical traders.

2. Strong institutional inflows

BTC spot ETFs are attracting record inflows. Additionally, large whales and corporate treasuries are accumulating, reducing the circulating supply.

3. Positive macroeconomic momentum

A weaker dollar, lower inflation in the U.S., and clearer regulations (for example, the “Crypto Week” in the U.S.) have improved market sentiment.

4. Technical and on-chain indicators

On-chain metrics such as SOPR (realized profit) remain low, and indicators like RSI and MACD continue to show bullish momentum towards $125K.

🎯 Can BTC reach $125K today?

Bullish scenario:

If BTC maintains the $121K level with volume, it is likely to quickly rise towards $123K–$125K.

Correction scenario:

Some analysts foresee a temporary profit-taking with possible pullbacks toward support zones between $117K–$118K.