This week, the number 1 cryptocurrency – Bitcoin (BTC) – is once again in the spotlight. The price broke the $123,000 mark, setting a new all-time high. The total market capitalization has exceeded $4 trillion, demonstrating steady growth and increasing interest from institutional investors.
🔍 What is happening?
Bitcoin-ETF in the USA continue to attract capital: over $14.8 billion since the beginning of the year.
Large players (whales) hold a record amount of BTC – over 3.5 million coins.
The market shows no signs of overheating: key on-chain metrics remain in the "healthy zone".
Institutional funds and corporations are increasingly including BTC in their hedging strategies.
📊 Technical analysis
Support: $111,000 – $113,000
Resistance: $124,000 – $136,000
Target for 2025: $140,000 – $160,000
The scenario for further growth remains relevant as long as BTC confidently holds above key levels.
⚠️ Risks
Possible regulatory wave (new laws, taxation).
Increased volatility following sharp spikes.
Corrections amid profit-taking by large holders.
🧠 Conclusion
BTC is not just an asset, but a strategic tool in times of financial instability. As institutional demand continues to grow, the potential for upward movement remains significant. However, do not forget about risk management and exit strategy.