๐จ BREAKING:
#Bitcoin just smashed through $126,000 โ setting a NEW all-time high. ๐
Hereโs whatโs driving the rally & what comes next
1/
Bitcoin is officially in price discovery again.
After consolidating at $108K earlier this month, BTC has surged +16% in just two weeks.
Momentum is back.
2/
Liquidations are fueling the fire:
๐ $64M wiped in the last 24 hrs
๐ $49M from shorts alone
๐ $302M total across the crypto market
This was a classic short squeeze โ shorts got burned, bulls got paid. ๐ฅ
3/
Technical check:
RSI now at ~74 โ officially in overbought zone
Historically = short-term pullbacks likely
But strong momentum could push BTC to $128K next
4/
Why the rally?
Renewed institutional inflows
Spot ETF volumes remain strong
Risk-on mood in global markets
The big money is here.
5/
Outlook:
Short-term โ Expect volatility & possible retests around $120Kโ$122K.
Long-term โ The trend is decisively bullish heading into Q4 2025.
The cycle isnโt over. ๐
โก Donโt sit out this rally.
You can buy Bitcoin directly on Binance here:
โ
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๐ฌ LIKE + Comment: Will BTC hit $128K this week?
$BTC
