🚀 Bitcoin Blasts Past $100K: Institutional FOMO Fuels Rally Toward 120K Target

Wall Street's latest addiction? Digital gold.

Bitcoin's parabolic surge continues as institutional capital floods the market—proving even suits can catch FOMO when the numbers start talking. The $120K resistance now looks more like a pit stop than a finish line.

The big money shuffle
Asset managers are diving in headfirst, with BTC allocations becoming the new 'must-have' for portfolios that want to stay relevant. Meanwhile, traditional finance dinosaurs still debating 'store of value' theses are missing the easiest trade of the decade.

Technical breakout
The charts tell the story: every pullback gets bought faster than a congressional insider stock tip. Volume patterns suggest this isn't retail-driven—these are whale-sized orders moving the needle.

Funny how quickly 'too volatile' becomes 'must-own' when profits start stacking up. Welcome to the institutional pump—just don't be the bag holder when they take profits.

BTC/USD

BTC/USD hits series of new record highs, as the latest bull-leg extends into fourth consecutive day and accelerated strongly on Friday (up 4.5% for the day so far).

Bitcoin received fresh boost by increased demand by institutional investors, as well from TRUMP administration’s crypto-friendly policies.

Eventual break above tops of short-term range signaled an end of consolidation and start of fresh bull phase.

Bulls approach the first significant resistance and target at psychological 120K, where some hesitation could be anticipated, as daily studies are overbought.

The latest rally kept accelerating more every next day, suggesting that positive sentiment is strengthening.

In such environment bulls may take short pauses for consolidation / shallow correction (that will provide better levels to re-enter bullish market) before resuming.

Violation of 120K pivot to expose targets at 123026 (Fibo 123.6% projection of the rally from 74389), 130K (psychological) and 131331 (Fibo 161.8% projection.

Initial supports lay at 117500/117000 zone, followed by 113450/113000 (today’s low / daily Tenkan-sen) which should contain dips and guard lower pivot at 112K (former record highs).

120000; 123026; 127100; 130000.
 117000; 113500; 113000; 112000.