#BTC120kVs125kToday #BTCPrediction
Price Range: Bitcoin is consolidating tightly between $120,000 and $125,000, with strong volatility spikes as traders test resistance.
Volume Surge: Trading volumes have risen significantly, signaling heightened market interest and potential for a decisive move.
Resistance Zone: The $125,000 level has acted as a formidable barrier, with multiple rejections on intraday charts.
Institutional Interest: Institutions continue accumulating BTC on dips, providing underlying support around $118,000–$120,000.
Funding Rates: Slightly positive funding rates suggest bullish bias, but not yet overheated.
Macro Sentiment: Optimism prevails amid expectations of Fed rate cuts and renewed ETF inflows.
Key Indicator: RSI hovers around 68 on 4-hour charts—close to overbought but still room for upside.
Outlook: A clear break above $125,000 could open swift upside toward $130,000; failure risks a pullback to $115,000.