#BTC120kVs125kToday 🚨 HOT BREAKING: BOOMs!

Headline: “Bitcoin Climbs Past $120K—Eyes Locked on $125K Breakout!”

Bitcoin has surged to a fresh all-time high above $122K, fueled by a potent mix of institutional demand, short‑position liquidations, and mounting optimism around U.S. crypto legislation as “Crypto Week” kicks off. The move beyond the pivotal $120K mark, now a strong support level, aligns with technical signals: MACD showing bullish crossover, RSI hovering near overbought—momentum remains firmly on the upside ().

Whale accumulation is intensifying, and inflows into spot Bitcoin ETFs have hit record levels, helping wash out shorts—according to CoinGlass data, over $20 million in shorts were liquidated in a single hour . Analysts now highlight the $120K–$121K zone as key support, while a daily close above there paves the way to $123K–$125K, with Fibonacci and price discovery suggesting a potential rally as far as $132K next().

What’s Next?

Traders are laser‑focused on sustaining momentum. Holding above $120K with a clean break beyond $121K sets up $125K as the next logical milestone. However, a failure to hold the critical $120K–$121K range could trigger a short-term pullback to $115K–$117K .

On‑chain Buzz & Sentiment (via Binance Square):

• “$120K is just the waypoint. Next stop: $125,000.” — babajani (Binance Square) 

• “$BTC hits $119K. 120K on the way.” — Crypto Sat 

🔥 Summary:

Bitcoin’s breakout above $120K confirms a bullish uptrend, with momentum, volume, and tech catalysts supporting a move toward $125K+. For now, $120K–$121K is the critical line in the sand. Watch daily candle closes, ETF inflows, and on‑chain activity as Crypto Week drives sentiment.

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