#BTCBreaksATH Bitcoin hits new all-time high

Price: Bitcoin surged past $124,000, reaching as high as $124,496 according to some sources.

Immediate resistance: $125,000

If it breaks above $125K, next targets are $137,000 and possibly $150,000.

Expectations that the U.S. Federal Reserve will cut interest rates soon.

New U.S. policy allowing crypto investments in 401(k) retirement accounts.

Record ETF inflows and large-scale corporate purchases.

Positive sentiment from pro-crypto political and market conditions.$BTC