Is BTC on its way to $125,000?

Based on BTC’s movement, it has resistance around $87,000, and in the future, its lowest potential price or support level is likely around $72,000.

There’s also a possibility of BTC reaching $125,000. This is because, according to the Rainbow Chart, BTC is still in the buying zone, meaning it's still relatively cheap.

However, once again, remember that this is just an analysis. Always conduct your own analysis before making any purchase decisions.$BTC