#BTCWhaleTracker

$BTC surge to an all-time high of $123,218 on July 14 has retraced slightly, now stabilizing above $118K. A deeper correction could target the 78.6% Fibonacci retracement at $112,794.

Technically, RSI remains bullish at 68 with a positive slope, while MACD histogram bars stay green above the neutral line which signals sustained momentum.

If $BTC secures a daily close above $130K, Fibonacci extensions at $136,467 (127.2%) and $153,320 (161.8%) become active upside targets. Sentiment is optimistic: the Fear & Greed Index shows “Greed,” and long-term holders continue to realize profits, per Santiment data.

With milestone targets like $150K within reach, #bitcoin trajectory remains supported by strong momentum and historically bullish investor behavior.