Bitcoin has re-entered the price discovery phase, trading just below $122,000. After enduring months of consolidation and various unsuccessful breakout attempts, the bulls have recaptured control. Market observers are left wondering if Bitcoin could soon reach the coveted $130,000 mark or if the current price action indicates a potential exhaustion phase. This moment presents an essential juncture for Bitcoin investors and traders, as understanding the dynamics at play will be crucial to making well-informed decisions going forward. Follow Bitcoin’s journey as it attempts to break new ground in the coming weeks.