Bitcoin Aims for $125,000 as Golden Ratio Support Reaches a New High

Following a successful bounce-off of the Golden Ratio Multiplier support line, Bitcoin is poised to reach a new all-time high near $125,000. The indicator’s long-term projection of key price levels confirms bullish momentum. Technical indicators like RSI and MACD are showing positive movement alongside increased trading volume. On-chain data reveals accumulation by both retail and institutional investors. This rebound signifies a renewed belief in Bitcoin’s potential, which is further supported by the improving macroeconomic climate.