According to @bobbyong, Bitcoin (BTC) is above $120,000 again at the weekly open (source: @bobbyong on X, Aug 11, 2025). He states that digital asset companies are buying BTC, which he cites as the driver of the move (source: @bobbyong on X, Aug 11, 2025). Traders can use this update to track momentum and liquidity around the $120,000 level highlighted by @bobbyong (source: @bobbyong on X, Aug 11, 2025).