Bitcoin Faces ‘Unbreakable Wall’ at $122K! Analysts Warn of Major Price Battle Ahead
Bitcoin is under severe sales pressure around the 120,000122,000 region as indicated by Crypto Rover on X. The TradingView chart indicates that BTC has several attempts to reach this level since the middle of 2025 but has not succeeded. Every rejection has spawned profit-taking and short-term corrections that indicate high dominance of sellers around this range.
In recent weeks, buyers have propelled Bitcoin to more than $138,000 although the impetus is now faltering with the cryptocurrency returning to the same resistance which previous rallies had topped out at. Traders consider round numbers to be a psychological wall of $122,000 since this price is prone to large selling orders. In the case bulls break this ceiling with a large volume, analysts project BTC will focus on 140, 000 or even 150, 000.
Technical Setup Favors a Critical Test
The current resistance band coincides with the 61.8 percent Fibonacci retracement of the previous price movements, which adds to the technical significance of this resistance band. The most recent TradingView records indicate a decline in the trading volume as Bitcoin approaches resistance. The trend is usually an indication of indecision by buyers. According to on-chain statistics provided by Glassnode, the exchange inflow surges, which may indicate that some of the holders are about to sell upon the current highs. In the meantime, the 50-day moving average is above the 200-day, which is a positive sign of a bullish formation but may signify depletion in case of a slowdown in the momentum.
Bitcoin Market Cycle and Macro Context
The recent boom of Bitcoin is the result of the 2024 halving, which in the past leads to a price explosion because of a lower supply. Additional exposure in ETFs and custody services by institutional investors is driving crypto market capitalization further over $3 trillion. Nevertheless, the growing U.S. Treasury yields and tightening global regulations may curb the demand on speculation. This resistance has become the milestone of the 2025 bull cycle of Bitcoin to traders.
The post on crypto Rover quickly received responses among traders on X. Other users foresee the break out to the higher side of 150,000 and others speculate the further sharp correction to be 110,000. Another trader said, bears are protecting this wall as though their lives were hung on it as a sentiment that this zone would determine whether the trend of the year was down or up.