Bitcoin Hits New Highs! $125,000 Becomes the Trend Turning Point, Future Direction Set to be Revealed

Bitcoin has recently reached a new phase high, confirming the stability of the support level at $117,000 in terms of chip structure, which aligns closely with previous predictions.

The current price is approaching the first target within the MVRV deviation pricing channel for a rebound—$125,000. This position not only serves as an important short-term resistance but is also a key reference for determining whether a new round of upward space can be opened in the future.

If Bitcoin can remain stable after breaking through $125,000 and does not fall below this threshold during a pullback, the probability of hitting higher target levels will significantly increase. The upcoming trend will directly determine the height of this trend. #BTC再创新高