btc reaches ath, Bitcoin has just reached a new all-time high, surpassing ~$125,000 USD.
The trading volume and institutional capital continue to flow into the crypto space, creating momentum.
However, organizations like Citigroup have slightly revised their Bitcoin forecast due to macro risks such as a stronger dollar or falling gold prices.
Fidelity believes that Bitcoin is still in a bull market, but it may have entered the "acceleration" phase — the final stage of the price increase cycle.
Some technical analysis suggests that the Bitcoin price cycle is extending longer, and $124,000 may n

The main trend of BTC is still bullish (bull market), but BTC is approaching a sensitive zone (120–130k).
Short-term risks: may experience a strong correction before continuing to rise.
Medium term: if macro supports, the price could break 150k

The H1 frame of BTC shows a slight increase in the short term, supported by strong ETF capital flows and positive market sentiment. If the fluctuations in the zone $116–117K are maintained and the upward momentum continues, the possibility of BTC nearing a new high is entirely feasible in the short term.

The trend in the H1 time frame (1 hour)
The fluctuation range in the past hour:
The highest level reached approximately 117,596 USD
The lowest level is about 115,643 USD
This is a quite large fluctuation range in one hour, indicating strong volatility, but it is not clear whether the trend is distinctly upward or downward.
Real-time price movements:
The current price is 116,556 USD, a slight increase of about +0.79% compared to the previous closing price.
Overview analysis:
There are no clear breakout signals — despite strong fluctuations, it has not broken through any notable resistance or su

BTC is experiencing a slight adjustment, holding around the zone $113,000–114,000.
Technical indicators show signs of a strong decline but have not broken through the long-term support line.
Expectations of monetary policy easing, ETF capital flows, and favorable legal mechanisms are supporting the medium to long-term upward trend.

Bitcoin is currently in the accumulation phase, with prices hovering around 115,000 USD. In the short term, the market may continue to experience slight fluctuations due to hesitant sentiment and take profit pressure. However, the long-term trend remains positive, supported by fundamental factors such as limited supply, institutional acceptance, and cryptocurrency-friendly policies.

BTC is in a slight retest zone after the breakout, the 114K–111K zone is key support.
Resistance is near at 118K–119K, if clearly broken will create conditions towards the support zone 123K–134K.
The RSI on the 4-hour chart is high, be cautious of minor reversal signals; volume plays a key role in confirming a break or retest.

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