Bitcoin is currently around $121,300–$121,600, holding gains after breaking above the $120k resistance.
Trend: Bullish momentum remains strong, with price pushing close to the all-time high near $123k.
Key Drivers:
President Trump’s executive order allowing cryptocurrencies in 401(k) plans.
Strong institutional buying interest.
Next Levels to Watch:
Resistance: $123,000 — if broken, could open the way to $125k and beyond.
Support: $120,000 — if lost, might see a pullback toward $118k–$119k.
Forecasts: Some analysts now see potential toward $150k in the current cycle.