Bitcoin is trading around $122,000, marking a strong rally and pushing toward its recent all-time highs. The market’s momentum is being driven by increased ETF inflows, safe-haven demand amid macro uncertainty, and renewed institutional interest.For on-demand analysis of any cryptocurrency, join our Telegram channel.Bitcoin Next TargetPrice: $122,000Market Cap: (based on circulating supply)24-Hour Trading Volume: elevated, reflecting high interestCirculating Supply: ~19.9 million BTCMax / Total Supply: 21 million BTCThe price is gaining strong momentum from the horizontal support zone and is now testing the key resistance level. A breakout above this supply zone could lead to a new ATH.Buy NowKey Indicators & Market SignalsBTC is nearing breakout range above previous highs, testing the $125,000 zone.Support has firmed near $115,000–$118,000—any dip toward this zone may attract buyers.Momentum indicators are bullish; sustained strength above resistance could drive a new leg upward.However, overbought conditions and profit-taking risks become more relevant as price pushes upward.Latest News HighlightsBitcoin surged to two-month highs of $120,000 amid U.S. political uncertainty and robust ETF demand.Analysts are viewing BTC increasingly like “digital gold” as investors seek alternatives in turbulent markets.Citigroup trimmed its BTC year-end forecast slightly, citing dollar strength and macro headwinds.For on-demand analysis of any cryptocurrency, join our Telegram channel.SEC not the right body to oversee stablecoins, says Circle CEOAustralian Court Classifies Bitcoin as Money, May Trigger $640M in Tax RefundsPolkadot Joins BitBasel’s “Art for Impact” Program to Send Blockchain Art to the MoonBitcoin Codebase Deep Dive