Bitcoin Breaks $126,000 – Data Points to Bullish Momentum in Preparation for Breakout

Bitcoin surged past the $126,000 mark on Tuesday, marking a historic high. While this initial surge was followed by a short-term pullback of about 4%, the broader trend points towards a prolonged period of calm, setting the stage for potential future growth. Long-term volatility has reached record lows, indicating that Bitcoin is entering a relatively stable phase. This pattern often precedes significant price movements in the market.