#BTC120kVs125kToday
Bitcoin
$122,045.57
just shattered records, surging past $123,000 early Monday, continuing the march to $140,000 levels indicated by the strong breakout in BlackRock's IBIT last week.
There's every reason to be incredibly bullish here as we face a "Goldilocks" moment for bitcoin: a pro-crypto U.S. President calling for ultra-low interest rates against the backdrop of fiscal splurge and stock market highs. It's an unprecedented alignment of bullish BTC factors.
Watch out for a breakout in the cumulative open interest in BTC perpetual futures listed on offshore exchanges as an additional bullish development.
