Bitcoin Price Prediction: BTC’s $123.1K Peak Signals Local Top – Warnings of Pullback

Bitcoin’s recent peak at $123,100 has triggered warnings of a potential local top as on-chain metrics signal overextension. The cryptocurrency quickly retraced 6% to around $115,700 after hitting the all-time high, while technical analysis reveals consolidation within a symmetrical triangle pattern targeting either $125K breakout or $111K correction.
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Bitcoin Price Prediction: Genius Act Becomes Law After Tumultuous Crypto Week – What’s the BTC Impact?

President Donald Trump signed the landmark GENIUS Act into law on Friday afternoon, capping a tumultuous “Crypto Week” that saw Bitcoin navigate significant volatility before establishing new institutional legitimacy.
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