📉 What’s Happening Now
Bitcoin is hovering around $118.7 K, just below its recent peak near $123 K . The price briefly surpassed $120 K earlier this week but has since slid slightly .
Technical analyst James Check from Glassnode warns that while $120 K has been tested, sustained upward momentum isn't solid—$200 K by year-end remains “very improbable” without increased trading volume .
