Bitcoin Price Alerts: 120K-125K Levels Today

A tiny 0.6% of Bitcoin’s total supply was traded recently. This small amount can lead to big changes in price. Watching bitcoin at the 120k, 123k, and 125k levels is crucial because of this. When the price couldn’t stay at $124,533, it caused worry among traders and long-term investors.

Bitcoin’s price tried to hold between $110K–$112K after failing to stay near $124K. Prices were around $113,500, with slight falls between 1.5–2.5%. The volume of trades, viewed over 24–48 hours, stays between $40B and $48B. This shows that people are still trading a lot, even when prices drop. Keeping an eye on BTC price alerts makes sense for anyone watching day-to-day changes.

There’s a big risk of loss for those who bought Bitcoin over $107K. If the price falls below $107K, these investors could lose a lot. Liquidation points are set at $111K, $107K, and $105K. Things like Jerome Powell’s words or the Jackson Hole meeting can make the market jump. Those using BTC price alerts need to watch both the charts and big news events.

Key Takeaways

• BTC recently failed to hold near $124,533 and is testing $110K–$112K support; watch bitcoin price alerts 120k 123k 125k levels today.
• 24–48 hour volumes around $40B–$48B indicate strong market participation despite the pullback.
• Short-term liquidation zones cluster at $111K, $107K and $105K — critical for risk management and BTC price alerts.
• Macro events like Jackson Hole and Fed commentary can rapidly change sentiment and BTC price alerts.
• Technical patterns point to a rising-wedge breakdown; failure of key supports could extend a correction toward $98K–$100K.

Understanding Bitcoin Price Alerts

I track market moves out of habit. Price alerts help cut through the noise, giving clear signals when to act. They connect my strategies to the live data, helping me handle risk and grab opportunities as they come.

What Are Price Alerts?

Price alerts are automatic messages you can set up on exchanges, trackers, or apps. They notify you when Bitcoin hits certain prices like $120,000, $123,000, or $125,000. You can get these alerts through push notifications, texts, emails, messages in apps, or even via webhooks/APIs for more automated setups.

These alerts are key for good timing. They can help you spot when prices break out of certain zones or when they’re rejected at peak levels such as $124,533. I use alerts from exchanges and webhooks to a script to catch fast moves. This once saved me from a bad trade at a $124K peak.

Why Price Alerts Matter in Trading

Alerts act as a safety net for managing leverage risk. They give updates on crucial data like funding rates and potential danger zones for prices around $111K and $107K. Traders set BTC price alerts to safeguard their investments with stop-loss orders or to make smart buys when prices dip.

For all traders, alerts are a bridge from analysis to action. They can confirm when a price move is strong or warn about liquidity issues. They also highlight big moves by major investors, which can drastically change the market quickly.

I encourage you to set up useful alerts. Make bitcoin price alerts like 120k work for your trading pace. Mix push notifications with webhooks for smart strategies. This advice is from my hands-on trading experience, aiming to help you handle market ups and downs with confidence.

Current Bitcoin Market Overview

This week, I observed the Bitcoin market closely. Bitcoin’s price stayed around $113,000–$114,000 after it didn’t keep up with the recent ATH near $124,533. The market is showing signs of a small pullback: it fell by about 1.5% this week and 2.5% in one day according to some reports.

Trading volumes differ, with estimates between $40B to $48B. A reported 34% increase in weekly volume was noted, despite open interest falling. This suggests that while more trading is happening, fewer people are making speculative bets.

The overall trend looks strong, supported by the 50 and 200 SMAs. The 20 SMA isn’t moving much, leaving the market’s momentum flat. Important areas include resistance near the ATH at $124,533 and a price range between $118K and $104.6K.

On-chain data indicates that big investors and those with 1,000–10,000 BTC are selling some of their holdings. This could mean they are taking profits. Meanwhile, positive funding rates from derivatives markets suggest many are betting prices will go up, but this might lead to a quick downside.

Big picture events are also influencing the market. People are paying attention to what the Fed will do, including talks at the Jackson Hole meeting, and the chance of a rate cut in September. These factors make the crypto market’s direction more uncertain due to its link with wider economic trends.

Technical patterns hint at a fragile market structure, like the risk of a break from a rising wedge or a double-top pattern. If key supports fail, prices could fall to between $105K and $100K.

Recent Price Trends

Bitcoin has been stable at around $113K–$114K after not reaching $124,533 again. Short-term outlooks show a slight and steady dip. Both weekly and daily reviews point to this trend.

Traders have been busy at the ATH level, using 123k bitcoin price alerts and BTC price alerts. These alerts have caused spikes in trading volume and discussions on exchanges whenever the price nears top resistance levels.

Influencing Factors in Market Dynamics

Right now, the market is shaped by what’s happening in derivatives and on-chain activities. A decrease in open interest alongside high funding rates points to cautious optimism. Yet, this balance could quickly change if large investors decide to sell.

The broader economic environment and the Federal Reserve’s decisions are crucial. The upcoming commentary from Jackson Hole could change market views, and while a September rate cut is expected, it’s not certain.

Analyzing Bitcoin Price Levels: 120K, 123K, 125K

I keep a close eye on Bitcoin’s price at key levels. Today, we’re looking at $120K, $123K, and $125K. These prices guide what might happen next. I use on-chain data, order book insights, and past trends to figure this out.

Looking back is key. The range of $124K to $125K is near its highest point ever, about $124,533. This level has been challenged twice without success, reminding us of a pattern from 2021. That history helps us guess future Bitcoin prices and highlights why alerts are set at $125k.

Some key support levels are around $111,900 to $112,000, which have recently held strong. Others are near $107,400 and $105,200. These reflect previous buying. If prices drop below $111K to $107K, it could lead to a fall toward $100K.

H3: Historical Data on Key Levels

The $123K level has been unpredictable. Attempts to go beyond $124K faced strong selling. This included sales by large Bitcoin holders. That’s why reaching $125K is a big deal for future gains.

H3: Current Market Sentiment at These Levels

In the $120K to $125K range, mood changes fast. Funding rates and interest spiked around $123K. This suggests people were betting on price increases. But, if sellers take over, prices could drop quickly.

A failure of a rising wedge pattern shows sellers coming in strong. Yet, if Bitcoin stays above $125K, it could climb to between $127K and $133K. Dropping below key supports like $111K to $107K would be a bad sign.

Graphical Representation of Bitcoin Price Trends

I see charts like an engineer looks at a machine, noticing every small detail. Below, you’ll find a simple guide to the latest bitcoin trends. It includes useful notes for when you’re setting BTC price alerts or checking the bitcoin market.

The graph of bitcoin’s price movement should include different time frames. By looking at both daily and weekly charts, we notice patterns like a rising wedge and the highest price ever, around $124,533. It’s important to mark support levels at $111,000, $107,000, and $105,000. Also, keep an eye on the 50-day EMA at about $94,750, which is often crucial for predicting shifts.

When I go over recent price movements, I point out a failed attempt to hit $124K, followed by a fall to the $110K–$113K range. You can also see where a lot of sales happened, near $111K and $107K. For anyone who uses BTC price alerts, these are key areas to watch on their charts.

Looking at trade volumes tells us something different. Even when prices don’t change much, the volume of trades can jump to between $40B and $48B. A rise in volume without a price change means more people are getting involved, making any future price jumps or drops more believable.

Under the price information, you should find data on derivatives. We’ve seen a drop in open interest, but funding rates are still positive and pretty high. The volume of sales over purchases has been leading lately. This extra info helps understand current bitcoin prices better.

Here’s a tip: keep an eye out for big jumps in volume when retesting the $120K–$125K range. In the past, large sell-offs at these levels were often a sign that major players were cashing out. Use this info along with your BTC price alerts to decide when to enter or exit.

The chart examples here use data from Cointribune, AnalyticsInsight, CryptoPotato, Blockonomi, and CoinGape. You can compare this information to your own charts during bitcoin market updates.

Below is an easy-to-understand table comparing different chart features across time frames. It shows which signals are most common and how they relate to price movements.

Statistical Insights on Bitcoin Prices

I quickly check the numbers before reacting to bitcoin price alerts. Bitcoin’s price is around $113,500–$113,800. The change in the last 24–48 hours is between -1.5% and -2.5%. Volume is $40B to $48B, with open interest decreasing and funding rates high.

Heatmap and liquidation data point out risky spots. Most sellers are liquidated between $119,750 and $123,050, and near $125,000. The main areas for buying liquidations are at $111,000, $107,000, and $105,000. A lot of the liquidation of short-term holders is below $107K, making up about 78.5% of all liquidations.

What big investors do affects bitcoin prices. Wallets with over 10,000 BTC are fewer. Those holding 1,000 to 10,000 BTC have reduced, suggesting they are taking profits. This indicates a pause in bitcoin’s quick rise.

There are two ways to look at bitcoin’s future price. If things stay stable, the price could go up by 17%, reaching between $124.5K and $132.8K. But, if the price falls below $111K and selling increases, there could be a 12% drop to $100K.

Looking at past trends shows both similarities and differences. The recent pattern around $124K reminds us of 2021’s drop after reaching similar highs. But the moving averages and institutional investments are more supportive now than before.

My approach is based on probabilities, not certainties. I consider the risk and money flow in each alert. This helps me decide when to buy or sell with more confidence.

Predictions for Bitcoin Price at 120K-125K

I keep a close eye on price movements and set important alerts. Here’s my take on Bitcoin’s next move towards 120K–125K, based on solid evidence. I aim to make complex data easy to understand, so you can make smart moves.

I combine technical insights from top analysts with current data. Some analysts see patterns that could mean prices will drop, pointing to potential falls to $105K–$108K. If support levels break, prices could even dip to $98K–$100K. Yet, others are optimistic, predicting rises past the highest ever recorded, to about $127K–$133K, if prices can stay above $125K.

Expert predictions

Opinions in the market are divided. Bloomberg Intelligence and Glassnode warn of risks when big investors sell and funding rates are high. Analysts from TradingView suggest resistance might be met around 123K–125K. So, the general advice is to be cautious, prioritize real data over news, and set alerts for significant price levels to avoid making decisions based on emotion.

Market predictions based on indicators

Watching important price levels is key. Staying above certain levels suggests prices might go up, while dropping below them indicates a potential fall. Unexpected spikes in funding rates combined with a decrease in open interest could lead to sudden, sharp price changes.

I predict possible future movements based on current data. A bullish trend needs the price to stay in the 118K–125K range with high trading volume. A bearish trend could start with rapid selling, pushing prices much lower.

Practical edge

Considering the current situation — with significant selling, high funding rates, increased trading volume, and uncertain short-term trends — I believe the price might not change much or could slightly drop unless it firmly crosses above $125K. I’m setting aside some funds for safety and setting up alerts for critical price levels.

Actionable notes

• Set bitcoin price alerts 120k and bitcoin price alerts 125k to catch the best times to buy or sell.
• Keep an eye on the funding rate and market interest for signs of upcoming price jumps.
• Confirm bullish signs with high trading volume above 118K.

Tools for Monitoring Bitcoin Prices

I have a small set of tools for keeping up with the bitcoin market. I use a mix of alerts from exchanges and other services. This mix helps me stay on top of the market and not miss important changes. Here, I’ll tell you about the tools I use, how I connect them, and my setup for watching prices live.

First, pick trustworthy exchanges. Coinbase Pro and Binance offer alerts and let you react quickly. I use them for making trades and as my basic safety feature.

For tailored alerts, I turn to TradingView. Its alert system can send messages through webhooks, email, and SMS. I link TradingView’s webhooks to an AWS Lambda function that sends messages to Slack. This way, I can react fast and automate my responses when prices hit certain levels.

To understand the wider market, I check CoinMarketCap and CoinGecko. They help me keep track of rankings and alerts for my portfolio. I also use Glassnode and CryptoQuant for detailed blockchain information and to see what big investors are doing. This information explains why prices are moving, not just the fact that they are.

On my phone, I use apps like Coinbase, Binance, Kraken, and TradingView for instant notifications. For watching my portfolio, Delta is my go-to app instead of older ones. I also look at signals from Telegram bots and Discord but double-check any big news with TradingView or exchange alerts.

If you’re a developer, you’ll want access to APIs. Use them with exchange alerts to make trades based on those notifications. You can connect TradingView’s webhooks to functions on Google Cloud or AWS Lambda for more complex actions. This setup lets you automate tasks while sticking to the rules of the exchange.

Don’t forget about security. Always use two-factor authentication, and be careful with app permissions. I like to have alerts from the exchange as a backup and mainly use TradingView’s webhook to Slack for my updates.

Practical setup tips:

• Use at least two alert types: one from an exchange and one from TradingView.
• Set alerts for both high targets and lower supports to stay prepared.
• Check the funding rate and open interest on sites like Deribit or BitMEX to gauge market pressure.
• Look at on-chain data from Glassnode/CryptoQuant for extra confirmation.

Here’s a quick comparison to help you choose the best tools for your needs.

I try to keep my monitoring setup simple. Choose what works best for you in terms of routine and safety. For me, combining alerts from exchanges, TradingView, and on-chain data keeps me from missing out and provides clear directions on when to act.

Frequently Asked Questions (FAQs)

I focus on offering easy-to-follow FAQs. I tackle the top two questions about aiming for 120K-125K in bitcoin. You’ll find straightforward steps and clear insights. This helps you quickly adapt to bitcoin market changes.

How to Set Bitcoin Price Alerts?

Begin on your preferred exchange or app. For example, on Coinbase Pro, Binance, or Kraken, locate the alert or order section. Next, key in a price goal like $120K, $123K, or $125K. Choose how you want to be notified and confirm to monitor prices.

On TradingView, set an alert at your desired price. Pick when you want the alert (like price crossing up or down), then add a webhook URL or choose push/email. Decide when it expires and write a note. Webhooks are great for simple tasks.

For app users, activate push notices in the app’s settings. Select the cryptocurrency and price limits you’re interested in. For more control, set up a TradingView alert with a webhook. This webhook can tell a script to carry out orders on exchanges. Or it can send you detailed alerts via Slack or SMS.

• Exchange: Head to alerts or orders, set your price, pick notification option, and confirm.
• TradingView: Set up a horizontal alert, choose condition, and add webhook or push/email notification.
• Apps: Activate push alerts in settings, then pick your cryptocurrency and price points.
• Automation: Pair webhook and server script for smart alerts or automatic exchange orders.

What Factors Affect Bitcoin Prices?

Bitcoin prices can be influenced by many aspects. I keep an eye on market trends, blockchain data, trading patterns, global economics, cash flow, and market mood. Using all these helps me see clearer signals than just watching prices.

• Technical patterns: Changes like wedge breakdowns, double tops, and important moving averages often trigger price moves.
• On-chain activity: Big buyers or sellers, the average price held by short-term owners, and how much bitcoin is on exchanges can change price pressure.
• Derivatives: Changes in contract interest, trading volumes, and big trades can lead to sharp price movements.
• Macro events: Decisions by the Federal Reserve, important speeches, and shifts in interest rates can change how people feel about investing quickly.
• Market liquidity and volume: Trading amounts in the $40B to $48B range can magnify price moves.
• Sentiment indicators: Shifts in investor mood and reactions to ETF changes can adjust the market’s attitude.

Here’s a quick tip: Set your alerts for not just price changes but also for big shifts in market behavior. Watching for sudden increases in trading activities or big transfers can help you react quicker than waiting for price alerts alone. Think of these tips as tools in your strategy. They can keep you updated with the latest moves in the bitcoin market.

Reliable Sources for Bitcoin Price Information

I find useful info from different places when following bitcoin prices. I check sites like CoinGape, CryptoPotato, and Blockonomi for news and opinions. I also look at big news outlets like Bloomberg and Reuters. They help me understand big economic events that affect bitcoin.

I turn to Glassnode and CryptoQuant for deep data analysis. They show trends like major bitcoin holders and important price movements. TradingView is where I go to see detailed charts and get alerts. It shows me important price levels like $109,300 or when prices might stop going up for a while.

To get the big picture, I look at CoinMarketCap and CoinGecko. Exchanges like Binance and Coinbase Pro give me real-time trading info. I also keep an eye on Deribit and BitMEX for bitcoin futures and ETF trends. This helps me guess what big investors are thinking.

It’s important to check multiple sources. I compare Glassnode with CryptoQuant and then see if big news sites agree. For insights on market trends, check out this article on Coin Days Destroyed here. I always mix on-chain data with big news reports. This strategy has helped me make better decisions during big price moves.