Bitcoin has extended its breakout rally, surging beyond the $116,800 mark and now hovering near the 1.272 Fibonacci extension around $121,525. This bullish continuation follows a clean break above the prior consolidation zone and reflects strong follow-through buying interest. Price is now entering a technically stretched zone, with resistance building around the $121,525 region, which may act as a short-term cap unless momentum accelerates further. Momentum indicators, however, point to growing signs of exhaustion. The Relative Strength Index (RSI) has surged to 77, deep in overbought territory, signaling that the ... (full story)