$BTC / USDT

The essentials of the moment:

Recent highs & institutional volume: Bitcoin recorded a new all-time high close to $124K, driven by massive flows into ETFs and favorable macro policies such as inclusion in 401(k) plans. The price remains solid above the key support of $116K–$118K.

Signs of a technical correction on the horizon: Analysts warn of retracement risks after seven consecutive weeks of rally, although the structural trend remains intact.

Bullish projections up to $150K: Technicians anticipate a rally of between 19% and 27% to $150K if ETF flows continue and the macro environment remains favorable.

200-day moving average at record: The 200-day moving average reached $100K for the first time in 2025, highlighting a long-term accumulation environment.

Quick Technical Scenarios

Scenario Key Condition Technical Targets

Bullish Hold closes above $120K–$123K Short: $130K → Medium: $145K–$150K+

Neutral / Consolidation Between $116K–$120K Solid base before the next impulse

Bearish Drop below $116K Correction towards $110K–$113K

Express Recommendation

Buy if BTC stays above $120K–$123K, with a target towards $130K–$150K+.

Wait if it corrects towards $116K–$118K, re-entering once support is confirmed.

Super Quick Summary

Bitcoin holds the key technical support of $116K, while ETFs and favorable policies fuel momentum.

Current technical alert suggests consolidation before resuming the rally.

If it maintains structure, the path towards $145K–$150K is set.

$BTC