📊 Key Takeaways:
💹 $BTC hits $122,150, just 1% below its $123K all-time high.
🏛 White House bullish — executive order hints at crypto in 401(k) retirement plans.
📈 Spot BTC ETFs see $773M inflows over the last three trading days.
😎 Sentiment: “Greed” at 70/100, but not overheated.
📈 Bitcoin’s Latest Surge
Bitcoin (BTC) rallied 3.3% on Monday to $122,150 — its highest level since peaking near $123,000 — as bullish U.S. policy signals combined with sustained ETF demand.
The surge comes after weeks of tight trading between $115K and $120K. Henrik Andersson, CIO of Apollo Crypto, said the breakout was “just a matter of time.”
🚀 Catalysts:
ETF inflows: $773M over three straight days.
Trump’s executive order: Exploring crypto in 401(k) retirement plans, unlocking access to a $9T investment pool.
🏦 Institutional Momentum Building
Corporate Bitcoin buying is still a major driver.
💬 Michael Saylor (MicroStrategy) hinted at expanding the firm’s $76.8B BTC stack, tweeting:
“If you don't stop buying Bitcoin, you won't stop making money.”
Institutional adoption + policy tailwinds = perfect bullish storm 🌩.
😎 Market Sentiment Still Measured
The Crypto Fear & Greed Index is at 70/100, showing Greed but far from the euphoric 90+ levels seen in past blow-offs.
📉 Google search interest for “Bitcoin” is rising — but still below November 2024 post-election peaks, suggesting room for FOMO growth.
🌐 Broader Market Impact
$ETH climbed 1.8% to $4,310, keeping pace with BTC’s momentum.
Combined BTC + ETH rally pushed total crypto market cap to $4.14T — a new record 🏆 (CoinGecko).
🔍 Next Resistance Level
If BTC breaks $123K: Analysts see potential straight to $130K before heavy resistance.
If rejected: Price could retest $119K support.
💬 Trader’s Take: The mix of ETF inflows, policy optimism, and institutional buying puts Bitcoin in prime position for a breakout. But with “Greed” rising, risk management is key.
📅 All eyes now on $123K — the line between history and hesitation.
#BTCReclaims120K #ETH4500Next? #BinanceAlphaAlert #BinanceTurns8 🚀