Bitcoin (BTC) is targeting a new all-time high of $125,505.98, surpassing its previous peak in the $124,000 range. Currently trading at $125,300, the cryptocurrency market is witnessing significant volatility, with analysts split on BTC's next move. Some foresee a potential correction, while others, like Fundstrat's Tom Lee, predict a surge to $200,000 by year-end. Bitcoin's market capitalization is at $2.498 trillion, with a 24-hour trading volume of $49.286 billion.