$BTC The 1-hour chart showcases a compelling bullish trend, characterized by strong green candles. The price is well above its MA(7) ($119,308), MA(25) ($118,696), and MA(99) ($118,854), which are all aligned upwards, confirming robust short-term momentum.

$BTC The weekly chart unequivocally demonstrates Bitcoin's sustained ascent, with the price comfortably above all major moving averages. It's now aggressively challenging its previous all-time high of $123,218 The weekly RSI at 70.99 signifies immense bullish power, with ample room for the rally to persist over the long term.