3 BTC Charts Signal What’s Next After Bitcoin’s Record Close

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A record weekly close above $123,000 for Bitcoin confirms a new phase of price discovery as onchain and futures metrics point to bulls running the show.

Bitcoin’s price discovery reached its strongest weekly close at $123,400.

Onchain metrics and futures data show sustained bullish control above $122,000.

Short-term outlooks are split between a momentum grind higher or a mean reversion dip.

Bitcoin achieved its strongest weekly close ever at $123,500 on Sunday, confirming its entry into a new phase of price discovery. As it consolidated near its all-time high (ATH) at $125,800, three key onchain and derivative metrics highlighted the health and sustainability of the bullish trend.


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