#BTC120kVs125kToday Based on the current analysis, Bitcoin is likely to range between $122,000 and $123,500 by the end of the day, with the possibility of testing the $125,000 level if the strong trading volume continues and breaks the resistance level at $124,000. However, there are factors that may limit the rise: Overbought conditions: A high reading of the RSI may lead to a temporary correction to support levels at $116,412–$119,842.