Bitcoin Takes a Breather After Hitting $123K — Calm Before the Next Surge?

Bitcoin has cooled off after tagging the $123K mark, but make no mistake — the bullish structure remains firmly in place. Price is now drifting toward the 25 EMA, signaling a textbook pullback rather than a reversal. Volume is easing without signs of panic, reinforcing the idea of healthy consolidation.

Here’s what matters now:

$116.2K — immediate support holding firm

$113.5K–$114K — key demand zone lining up with the 99 EMA

A decisive reclaim of $120.5K flips the switch back to bullish momentum, opening the runway to $130K and beyond

#CPIWatch #USCryptoWeek #StrategyBTCPurchase #StrategyBTCPurchase #ETHBreaks3k