$BTC As mentioned in my Bitcoin price prediction, BTC’s recent rally has unfolded exactly as projected. The cryptocurrency broke above the $118,000 resistance, maintained bullish momentum within the Bearish Butterfly pattern, and touched $124,600 before entering a consolidation phase.

At the time of writing, Bitcoin is trading at $123,108, up 0.69% in the past 24 hours, with a market capitalization of $2.45 trillion and a daily trading volume exceeding $65 billion. This pause near $124K isn’t a sign of weakness.

Instead, it reflects natural market digestion before the next move toward the Potential Reversal Zone (PRZ, which lies) between $128K and $130K, where the harmonic pattern is expected to complete.