{"id":78437,"date":"2025-08-14T08:43:57","date_gmt":"2025-08-14T08:43:57","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2025\/08\/14\/whats-next-for-bitcoin-after-hitting-a-new-ath-at-124k-check-forecast\/"},"modified":"2025-08-14T08:43:57","modified_gmt":"2025-08-14T08:43:57","slug":"whats-next-for-bitcoin-after-hitting-a-new-ath-at-124k-check-forecast","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2025\/08\/14\/whats-next-for-bitcoin-after-hitting-a-new-ath-at-124k-check-forecast\/","title":{"rendered":"What\u2019s next for Bitcoin after hitting a new ATH at $124k? Check forecast"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div xmlns:default=\"http:\/\/www.w3.org\/2000\/svg\" data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/08\/shutterstock_1913434339-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/08\/shutterstock_1913434339-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/08\/shutterstock_1913434339-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/08\/shutterstock_1913434339-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/08\/shutterstock_1913434339.jpg\" alt=\"Bitcoin rally\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<p><span style=\"font-weight: 400\">Key takeaways<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Bitcoin hit a new all-time excessive of $124,457 a few hours in the past because the broader crypto market rallied larger.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">BTC might be seeking to proceed its upward momentum and goal the $130k mark next.<\/span><\/li>\n<\/ul>\n<h2>BTC hits a new all-time excessive<\/h2>\n<p><span style=\"font-weight: 400\">The cryptocurrency market has continued its optimistic development after Monday\u2019s hunch. Bitcoin recovered from buying and selling beneath $119k on Monday to set a new all-time excessive a few hours in the past.\u00a0<\/span><\/p>\n<div class=\"ad-banner  container  pt-1  px-0  mb-6\" data-partner=\"bitcoinpenguin\">\n        <a href=\"https:\/\/bitcoinpenguins.io\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img decoding=\"async\" class=\"p-0  m-0\" src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/bitcoinpenguin\/en.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<p><span style=\"font-weight: 400\">The world\u2019s main cryptocurrency by market cap added over 3% to its worth within the final 24 hours to hit a new all-time excessive value of $124,457. Bitcoin has barely retraced and is now buying and selling at $121,802.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The optimistic efficiency comes amid renewed optimism of a September charge minimize by the United States Federal Reserve. The latest CPI knowledge confirmed slowing inflation within the nation, and this might immediate the Fed to chop the rate of interest in its next FOMC assembly.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Today\u2019s milestone marks the fourth time that Bitcoin has established a document excessive in 2025. Analysts at Standard Chartered estimate Bitcoin may attain $200,000 by 12 months\u2019s finish if the present bullish momentum continues.<\/span><\/p>\n<p><span style=\"font-weight: 400\">BTC Markets Crypto Analyst Rachael Lucas identified that Bitcoin\u2019s value is benefiting from a \u201cperfect storm\u201d of institutional demand from spot exchange-traded funds and company treasuries. Lucas informed The Block that,<\/span><\/p>\n<blockquote>\n<p><i><span style=\"font-weight: 400\">Over the previous month, BTC ETFs have added greater than $3.6 billion, whereas company and sovereign treasuries now management 3.64 million BTC. [That\u2019s] over 17% of the entire provide. Combine that with strategic, long-term holdings, and you&#8217;ve got structural demand assembly finite provide.<\/span><\/i><\/p>\n<\/blockquote>\n<h2>BTC may rally to $130k as demand builds<\/h2>\n<p><span style=\"font-weight: 400\">The BTC\/USD 4-hour chart is bullish and environment friendly because of Bitcoin\u2019s ongoing rally. The technical indicators have additionally flashed bullish regardless of the hunch earlier this week.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">With an RSI of 61, Bitcoin is exhibiting a bullish momentum. The MACD traces deep inside the optimistic territory additionally point out that patrons are at present answerable for the Bitcoin market.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-329733\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/08\/BTCUSD_2025-08-14_08-59-14.png\" alt=\"BTC\/USD 4H Chart\" width=\"1814\" height=\"878\"\/><\/p>\n<p><span style=\"font-weight: 400\">If the rally continues, BTC may surge previous the latest excessive of $124k and surpass the $125k stage within the close to time period. An prolonged rally may permit it to focus on the $130k area for the primary time in its historical past.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, Bitcoin may face a correction after hitting a new all-time excessive. If that occurs, BTC may retest its nearest help and TLQ stage at $118,422. Failure to defend this help stage may see BTC dip decrease to the month-to-month low at $111k. <\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/whats-next-for-bitcoin-after-hitting-a-new-ath-at-124k-check-forecast\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways Bitcoin hit a new all-time excessive of $124,457 a few hours in the past because the broader crypto market rallied larger. BTC might be seeking to proceed its upward momentum and goal the $130k mark next. BTC hits a new all-time excessive The cryptocurrency market has continued its optimistic development after Monday\u2019s hunch. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":78439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[13687,29,20,4897,1278,28,378],"class_list":{"0":"post-78437","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market","8":"tag-124k","9":"tag-ath","10":"tag-bitcoin","11":"tag-check","12":"tag-forecast","13":"tag-hitting","14":"tag-whats"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/78437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=78437"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/78437\/revisions"}],"predecessor-version":[{"id":78438,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/78437\/revisions\/78438"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/78439"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=78437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=78437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=78437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}