What’s Next for Bitcoin in the Coming Days?

Bitcoin (BTC) continues to show strong momentum after recently touching $124,900, with intraday highs near $126,000. Market sentiment remains cautiously bullish as traders eye key resistance and support zones.

📊 Current Outlook:

Current Price: ~$124,936

24H Range: $123,215 – $126,157

Change (24H): +0.013%

Market Sentiment: Slightly Bullish

📈 Technical Observation:

If BTC maintains support above $123,000, momentum could push the price toward $130,000–$137,000 in the short term.

However, if bearish pressure builds below $122,000, a short-term pullback toward $118,500–$120,000 remains possible.

Moving averages (MA50 and MA100) show a potential bullish crossover, suggesting renewed buying interest.

⚙️ Key Levels to Watch:

Support: $122,000 / $120,000

Resistance: $130,000 / $137,000

💬 Market Sentiment:

Traders remain optimistic as BTC holds firm above psychological support, with increased institutional participation and ETF inflows providing confidence.

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💡 Observation:
If momentum continues and macro sentiment stays positive, BTC could attempt to retest the $135K+ zone before facing stronger resistance.#Btchitsnewhigh