#BTC120kVs125kToday
BTC: $120K vs. $125K — Which is More Likely Today?
✅ Support for $120K
Major milestone crossed: BTC recently surged past $120K for the first time on July 14, driven by U.S. regulatory clarity and “Crypto Week” momentum .
Technical floor holds: Analysts point to a key support zone between $118K–$120K—if Bitcoin remains above ~$121K support, that reinforces $120K as a stable floor .
🚀 Upside Potential to $125K
Technicals bullish: CoinDCX reports show a clean breakout above $121K with strong EMAs and MACD alignment—potential next resistance zone: $123K, then $125K if momentum continues .
Analyst targets: Bitfinex forecasts BTC could reach $125K by mid-July, provided it stays above $105K support .
Market strength: CryptoQuant sees room for a 20–25% upside from $119K, which puts it near $142K—but $125K is a more immediate, plausible next target .
⚠️ Risks & Headwinds
Overbought signals: A rising volatility index and overbought technicals mean a short-term pause or pullback to ~$119K–$121K is possible .
Macroeconomic triggers: Fed policy surprises or strong USD/dollar moves could stall upward momentum.