Bitcoin's Bullish Momentum: What's Next?$BTC continues its impressive rally, hitting a new all-time high above $122,000. The current price stands at $122,623, marking a 4.08% increase with a 24-hour high of $122,852.Key Market Indicators & Outlook:Bullish Chart Signals: A classic "cup and handle" pattern combined with strong MACD momentum suggests further upward movement. Analysts predict a potential 14% rally towards $134,000.Support Levels: What was once resistance near $108,300–$113,000 is now acting as a key support level, reinforcing the bullish trend.Price Targets:Medium-term: Technical indicators point to a target range of $134,000–$146,000.Long-term: Projections from institutions like Bitwise and Standard Chartered anticipate Bitcoin prices soaring to $150,000–$200,000 by year-end.Driving Factors:ETF Inflows & Institutional Interest: Record inflows into Bitcoin spot ETFs and increasing corporate adoption are significantly fueling this surge.Related Developments: Global ETF flows, escalating corporate treasury adoption, and ongoing discussions in Congress regarding crypto legislation are all contributing to a bolstered market sentiment.Stay tuned for more updates on Bitcoin's journey!

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