Bitcoin Continues to Hit ATHs, Price Rally Predicted to Continue

Bitcoin (BTC) is being boosted by ETF inflows and institutional adoption, with its price continuing to hit new all-time highs, briefly reaching US$122,878 in today's trading.
Bitcoin's next price target, based on Fibonacci extensions, is in the range of US$125,000 to US$132,500.
Bitcoin's price has again reached consecutive all-time highs (ATHs). At the time of writing, the crypto champion has reached US$121,487 according to CoinGecko, registering a 3% increase in the last 24 hours and 11.8% in the last seven days.