Bitcoin Blasts to New ATH — Bulls Eye the Next Peak 🚀

Bitcoin is surging past $121,200, holding steady, and eyeing the $124,000 resistance.

✅ Price pushed above $122,000 and hit a record high of $123,973.

BTC remains above $120,000 and the 100-hour SMA, with strong support at $120,200.

✅ The hourly BTC/USD chart shows a clear bullish trend line.

What’s Next?

If BTC breaks $124,000, the next targets are $124,500, $125,000, and potentially $126,250–$128,000.

Risk of Dips

If the $124K barrier holds, immediate support is at $122,750, followed by $121,500 and $120,200. A drop below these could open the way to $118,500 or even $117,500.

Technical Outlook

📊 MACD: Strongly bullish

📈 RSI: Above 50 (positive momentum)

Key Levels

Support: $122,750, $120,200

Resistance: $124,000, $125,000

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