The current market performance of Bitcoin (BTC) is noteworthy. If a significant upward momentum is observed in the trading channel, it would not be surprising. Even under the most unfavorable circumstances, if the price touches the support trend line, the market outlook remains optimistic and may trigger a major correction. According to current analysis, the most conservative estimate is that BTC could reach $112,000, and subsequently challenge its all-time high. In the most optimistic forecast, BTC may break the $125,000 barrier this August. This potential price trend not only reflects the strong momentum in the market but also highlights investors' confidence in the future development of digital currencies. However, investors should remain cautious, closely monitor market changes, and manage risks effectively.