Bitcoin Breaks ATH Near $124k — Upside to $128k If $125k Clears

I see Bitcoin has pushed to a new all-time high near $123,973 and is now consolidating above the 100-hour SMA and a bullish trend line around $120,200.

If BTC clears the $124,000–$125,000 zone I expect upward extension toward $126,250 and ultimately the $128,000 area as the next major target.

That said, a failure to reclaim $124k could trigger a pullback to near $122,750, $120,200 or lower toward $118,500, so risk management is essential.