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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