Analysis: BTC hits record high, caution urged against over-optimism

According to CoinDesk, Bitcoin (BTC) surged to a new record above $122,000, with some analysts projecting future price targets of $130,000 to $140,000. "While some analysts project $130-140,000 targets, history teaches us that parabolic moves often invite sharp corrections," said Marcin Kazmierczak, a co-founder of blockchain oracle Redstone. "The industry’s maturation is real, institutional infrastructure, regulatory clarity, and use cases are all advancing. Yet this very maturation demands we approach these milestones with professional discipline rather than euphoria." Kazmierczak also pointed out that BTC has not faced a correction in over 47 days, highlighting the potential risks of excessive optimism.