Bitcoin Price Watch: Momentum Builds, but $123K Resistance Holds Firm
As of July 14, 2025, Bitcoin continues to show strength, maintaining a steady position near $121,680. The flagship cryptocurrency has exhibited bullish momentum, though a key resistance level at $123,000 remains a critical barrier. Market capitalization currently stands at $2.42 trillion, underscoring continued investor confidence.
Trading activity remains robust, with 24-hour volume reaching $56.62 billion. The day's price action has seen Bitcoin fluctuate within a range of $117,935 to $123,236, reflecting both ongoing buying interest and the presence of profit-taking near the upper resistance zone.
While sentiment stays positive, traders are closely watching the $123K threshold for signs of a breakout or rejection.