🚨#Bitcoin Nears $125K — Is the Bull Run About to Hit the Brakes? 🚨
Bitcoin has smashed through the $119K–$121K resistance and is charging toward the Potential Reversal Zone (PRZ) between $124K and $127.8K — a zone traders are eyeing as a major turning point.
According to fresh TradingView insights, BTC is wrapping up its fifth major impulse wave, hinting the current rally could be nearing its peak. A correction may be on the horizon, with a possible dip to fill the CME gap at $117.4K–$119.1K.
Adding to the caution, heavy sell orders are stacked around the $125K mark, potentially capping further upside.
📊 Current Price: $118,781 (-2.67%)
📈 High: $122,242
📉 Low: $118,355
Traders are watching closely — will Bitcoin break higher, or is this the calm before the pullback?