Historic! Bitcoin Breaks the $120,000 Barrier and Sets New Record
A day of maximum euphoria in the crypto market! Bitcoin has not only conquered the psychological barrier of $120,000 USD but has also continued its momentum to set a new all-time high during the early morning.
Here are the precise data points that define the moment:
Current Price: ~$121,630 USD
New All-Time High (ATH): $124,436 USD
Market Capitalization: $2.42 Trillion USD
Quick Analysis: What Does This Mean?
What was once a strong resistance (the $118k-$120k zone) has now become the new key support. Think of it as the new "floor" from where the price seeks to build its next move.
Range of the last 24h: The price has moved between $121,341 and the record $124,436. This consolidation above $120k is a very positive sign of strength.
Next Target in Sight: All eyes are now on the next big round number: $125,000 USD. Surpassing this level could trigger another wave of buying.
Conclusion: The sentiment is overwhelmingly bullish. The combination of institutional interest and favorable economic expectations is driving Bitcoin into unknown territory. The question is no longer if it will reach $120k, but what will its next big record be?
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