Bitcoin to $124K — Bullish Accumulation Thesis
I believe Bitcoin is on a trajectory to reach $124,000 driven by sustained institutional demand, macro liquidity support, and persistent supply constraints after the halving.
I view current price action and on-chain indicators as supportive of further upside, though volatility will remain elevated and sharp pullbacks are possible.
I plan to accumulate with phased entries and strict risk management rather than attempting to time a single perfect entry.
Analysis
Recommendation
Buy with a phased approach: accumulate on weakness, use position sizing and stops to manage volatility, and treat $124k as a target rather than a guaranteed outcome.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.