Bitcoin is holding strong above the $120,000 level, reinforcing bullish sentiment after a series of volatile weeks. The market now turns its focus to the $125,000 mark, which analysts describe as a critical resistance zone. A decisive break above it could open the door to fresh all-time highs, but for now, traders remain cautious as this level has historically attracted strong selling pressure.
Despite the looming resistance, optimism is growing among bullish analysts who see room for continuation in the current cycle. The argument is supported by renewed institutional interest and robust inflows into Bitcoin investment products. Top analyst Maartunn recently shared insights pointing to a key driver of this momentum: Spot Bitcoin ETFs.
According to Maartunn, these ETFs have generated hig