Bitcoin has just reached a historic high, with momentum indicators showing strong support. Currently, BTC is approaching the key short-seller liquidity zone at $123,000, and if it successfully breaks through, it is expected to challenge $125,000.

· Bitcoin [BTC] has broken the $122,000 mark, setting a new historical high, with an intraday increase of up to 2.42%. This marks the strongest wave of upward momentum in this cycle.

How strong? Just a week ago, BTC was oscillating in a narrow range of $109,000 to $110,000. Now, it has surged nearly 12%, surpassing the post-election breakout—when BTC reached a high of $108,230, with a weekly increase of 11.12%.

From a technical perspective, momentum indicators are synchronously "assisting":

MACD remains strong and has not weakened quickly at high levels as it usually does;

The speed of this strong upward movement is expected to continue challenging $125,000! $BTC