🚨 BTC125 NEXT? Bullish Wave Accelerates Toward New Highs! 🚨
$BTC has extended its rally after a decisive breakout from the descending channel, reclaiming major structural levels and pushing toward the critical $122K–$124K all-time high zone. 💥 With price momentum showing strong bullish conviction, Bitcoin’s next move could decide whether we see another leg toward $130K or a short-term cooldown.
📈 Current Price: $122,398.83 (+0.46%)
After weeks of consolidation, Bitcoin broke cleanly above mid-range resistance, invalidating September’s bearish structure. The move triggered a sharp expansion into the upper boundary of the macro range, signaling that buyers are now in full control. The market appears to be targeting buy-side liquidity sitting just above the $124K region — a key psychological and technical level. 🚀
A controlled pullback toward $114K–$118K remains possible to rebalance before further continuation. Such a retracement could attract renewed demand from institutional players and fresh retail momentum. As long as BTC holds above the $111K–$112K structural base, the macro trend remains intact. 🧠
📊 Key Watch Points:
Monitor Open Interest (OI) — sustained increases could fuel another surge toward $130K.
A sudden OI drop might trigger a leverage shakeout, leading to a temporary dip before continuation.