$BTC
$BTC #BTC120kVs125kToday flow towards bull Run !!??????
Price Snapshot:
Current Price: $122,623 (+4,804 USD, +4.08%) - 24 h high of $122,852 and low of $117,784.
Trend: Just hit a new all-time high above $122K, with strong upward momentum
Market Outlook & Key Drivers:
Bullish Chart Signals: A classic "cup-and-handle" pattern
combined with MACD momentum suggests continued upside possibly another 14% rally toward ~$134 K Business Insider.
ETF Inflows & Institutional Interest: Record inflows into Bitcoin spot ETFs and corporate adoption are fueling the surge Investopedia+ 6MarketWatch + 6TradingView+6.
Support Levels: Former resistance now acts as key support near $108,300-$113,000 Business Insider.
What's Next?
Market analysts predict further gains:
Medium-term target: $134-146 K based on technical indicators.
Long-term outlook: Some projections (like from Bitwise and Standard Chartered) see prices rising toward $150-200 K by year-end
Related Developments:
Global ETF flows, escalating adoption by corporate treasuries, and upcoming crypto legislation discussions in Congress are all bolstering sentiment AP
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