Bitcoin Breaks Through, Sets Sights on $125k Resistance

Bitcoin has regained its momentum after a technical breakthrough, with many now setting their sights on a new target of $125,000. Large wallets have been actively buying up BTC in the $63,000 to $65,000 range, with prices currently at $64,956.

In contrast, smaller investor balances have seen their largest decline since December 2024.

The market is now seeing a new test of resistance around $70,000, as traders and investors wait to see if the price can break through this level.