Overnight (Asia session), Bitcoin ripped to a fresh ATH around $124.5K, then cooled off into the low $121Ks on profit-taking. Macro tailwinds (rising odds of Fed rate cuts next month) are a big part of the bid here. - Reuters (https://www.reuters.com/world/china/global-markets-global-markets-2025-08-14/)
What I'm watching next
• A decisive daily close above $125K (breakout continuation) vs. a fade back toward $120K (shakeout).
• Funding/OI froth and whether momentum cools without a deep pullback.
• Macro headlines that nudge rate-cut odds up or down.
How are you positioning this? Chasing the breakout, waiting for a dip, or just holding spot?