BTC Hits New ATH; Breakout Above $125k Could Target $128k

I see Bitcoin pushing to a new all-time high near $123,973 and now consolidating above the 100-hour SMA with a bullish trend line around $120,200. Momentum indicators (hourly MACD rising, RSI >50) support continued upside potential.

If BTC clears $124k–$125k I expect further gains toward $126k–$128k. Conversely, a failure to break higher could produce a pullback to $122,750 or deeper to $121,500–$120,200, with $117,500 as a key downside pivot.