The weekend brought some exciting news for the crypto community as Bitcoin made a new all-time high of $125,686 on October 5 (Sunday), marking the first time the token has ever crossed $125K.
However, to everyone’s disappointment, $BTC was unable to close above its previous high of $124,501 (set on August 14), making many wonder if this was just a ‘fakeout.’
Also, since the pump came on a Sunday – a day when volumes are typically lower – the chances of this new high not sustaining increase further. Amidst this confusion, we turned to Grok to find out Bitcoin’s path ahead. Interestingly, Grok highlighted that $BTC has rallied 15.50% in the last 11 days – a massive one-sided move with no real pauses along the way.
Naturally, the token appears exhausted and needs some time to breathe bef