The midday Bitcoin bulls continue to push upwards to around 123300, followed by fluctuations near 122200!

The daily RSI is currently in the 70-80 range; although it has entered the 'overbought zone', there is no obvious bearish divergence, indicating that bullish momentum is still being released. The overbought condition may be digested through 'high-level consolidation' rather than an immediate pullback.

Bitcoin: Pull back to 121500, buy at 121000, target around 126000! $BTC