#bitcoin has moved strongly above the $118,500 resistance level and is now getting close to its all-time high. The current price is around $122,200, and if it breaks above $123,000, we could see a fast upward move in the market. This rise is being supported by a lot of money flowing into bitcoin ETFs and growing interest from big investors. Experts also say that Bitcoin’s value is now driven more by how many people are using and buying it, rather than just mining costs. Overall, things are looking bullish, but it’s still important to watch for sudden price changes.
