 
 
Bitcoin (BTC) faces a critical test as it approaches the $118K–$122K resistance zone, a range that could define its next major trend.
Market analyst CasiTrades warns that Bitcoin is nearing its most crucial test yet, with resistance between the $118,000 and $122,000 area likely to decide whether BTC breaks to new all-time highs or enters a long-term correction.
This zone has become the market’s focal point, as traders weigh both bullish and bearish outcomes.
CasiTrades cautions that a sharp rejection at $118K–$122K could signal Bitcoin has already peaked, framing the current rally as its last leg before a broader macro correction, one that could redefine expectations for the remainder of the cycle.
On the other hand, a decisive breakout above $122,000 would invalidate the correction thesis, propelling Bitcoin to new historic highs from the present $124,128 and igniting fresh bullish momentum with potential targets well beyond the current range.
 
Bitcoin is currently trading at $116,114, edging closer to this critical zone.
Hanoi Unveils Statue Honoring Bitcoin’s Mysterious Creator
Hanoi has become the fifth city in the world to unveil a statue of Bitcoin’s elusive creator, Satoshi Nakamoto, joining a select global list of tributes to the crypto pioneer.
According to Viet Nam News, the statue honoring Satoshi Nakamoto has been unveiled in Vietnam’s capital.
Created by Italian artist Valentina Picozzi and brought to Vietnam by the Vietnam Blockchain and Digital Asset Association (VBA), the work highlights the nation’s growing embrace of blockchain as a force in the global financial system.
Now on display at 1Matrix headquarters in Times City, the statue stands as both a tribute to cryptocurrency history and a cultural milestone for Vietnam’s blockchain community.
Open to the public every Saturday through the Blockchain Gallery, it invites visitors to connect with one of modern finance’s greatest mysteries.
Vietnam, one of the world’s fastest-growing cryptocurrency markets, is seeing strong retail adoption and rising institutional interest.
The unveiling of the Nakamoto statue not only reflects the nation’s cultural embrace of blockchain but also signals official recognition of its role in finance and technology. By housing the work in the Blockchain Gallery, the VBA seeks to advance education, innovation, and public awareness of digital assets.
Satoshi statues have also been unveiled in Hungary, El Salvador, Japan, and Switzerland. Budapest’s 2021 sculpture features a reflective bronze surface inscribed with ‘We are all Satoshi,’ while Switzerland’s 2024 monument made headlines after being stolen and later recovered this August.
Meanwhile, due to sanctions, inflation, and financial turmoil, Belarusian President Aleksandr Lukashenko has urged the nation’s banks to accelerate the adoption of Bitcoin and other digital assets.