Bitcoin resistance of $ 120,000 leads to early sale signals star-news.press/wp

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Bitcoin faces resistance near the mark of $ 120,000, as their long -term holders begin to achieve profits. While the withdrawal is still light, the large institutional moves hinted at a cautious shift in feelings.

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Bitcoin (BTC) has its first real test.

With the outbreak of prices near the psychological brand worth $ 120,000, their long -term holders began to get the chips out of the table. Modern data shows a transformation into a clear sale area.

While open attention is still largely intact, a slight decline hints in the re -placement of the early stage.

The profit starts from $ 120,000

Data appears on the chain Bitcoin holders turn long into a net sale area as BTC reaches a sign of $ 120,000.

While the decrease is currently modest, the reflection of changing the pure position for 30 days indicates the distribution of the early stage.

This trigger is likely to be a mixture of profit and institutional balance.

It is worth noting that the sale of the Galaxy Digital that was reported to 80,000 BTC adds weight to the pressure side pressure, so this is not the shake that the retail sale moves.

Currently, it seems more like a re -clarification tactic than a collective exit, but if more whales join, the narration may turn quickly.

Open benefit declines

Bitcoin benefit, which is 7 days Decline In a negative area again, but this step lacks the speed of complete exit.

The moderate decrease indicates a partial relaxation, and the big players may reduce exposure or closing after a strong operation.

Instead of a declining shift, this is similar to the strategic strategy. As the price continues to rise near ATH, the data indicates selective profits.

The momentum cools, but the bulls are still carrying the line

Bitcoin was just less than $ 120,000 at the time of the press, indicating temporary stops instead of collapse.

The relative power index was 59 years old – cooling from the peak area of purchase but not yet weakened.

Meanwhile, OBV has settled about 1.76 million, which is a stall for fresh purchase pressure. Despite the frequency, the price is still stable, with no aggressive candles.

Currently, the bulls appear to be defending the gains while waiting for a catalyst, but without the volume of volume, the upward momentum may remain lucky.