$๐Ÿš€ Bitcoin Eyes $130K After Explosive Breakout ๐Ÿ’ฅ

Bitcoin has officially entered price discovery again, soaring past $122,000 and breaking out of a months-long consolidation! ๐Ÿ“ˆ

After smashing its previous all-time high around $112K, BTC has shown powerful momentum โ€” but is the market gearing up for a move toward $130K, or is a cooldown coming first?

๐Ÿ” Key takeaways:

โ€ขBTC remains within a strong ascending channel ๐Ÿ“Š

โ€ขA healthy pullback to $114Kโ€“$117K wouldnโ€™t break the bullish trend

โ€ขRSI is elevated โ€” some short-term exhaustion is possible

โ€ขFunding rates are heating up โ€” watch for potential volatility โš ๏ธ

๐Ÿ“‰ If BTC consolidates around $121Kโ€“$122K, it may build momentum for another leg up โ€” but over-leveraged longs could trigger a flush if momentum stalls.

๐Ÿ“Œ Bulls are in charge, but stay sharp. A dip = opportunity. Long-term trend still intact. ๐Ÿ’ช

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