#BTC #BTCBreaksATH #BTVvsETH Bitcoin has confirmed a bullish breakout after daily closing above the top of a multi-week bull flag and flipping the $117,800–$118,300 zone into support. Analyst Rekt Capital highlighted that BTC has also logged its first-ever daily close above the $120,000 level, positioning the price for a potentially volatile retest of this key psychological and technical threshold.

Rekt Capital predicts Bitcoin move

Rekt Capital predicts a Bitcoin move

A sustained hold above $120,000 will likely open the door toward $123,000–$125,000, while failure to defend the $118,000 support could risk invalidating the breakout.

Interestingly, XForce Global had earlier pointed to a possible short-term Bitcoin pullback after a 5-wave impulse from $112K to $122K, but keeps a bullish outlook. He noted that Bitcoin holding above the $115,000 could set up a rally past $121K–$123.5K toward $140K–$148K in a larger wave three. Notably, his prediction is similar to analyst CrediBULL’s $150,000 projection.