#bitcoin Hits $123K But 43% Social Dominance May Signal Short-Term Pullback

BTC just made history. But the crowd may be getting too loud.

🔹 BTC reached $123.1K a new ATH

🔹 43.06% of all crypto chatter this week was about Bitcoin

🔹 Social dominance spike = possible retail FOMO

🔹 Price retraced to $117K shortly after the peak

According to Santiment:

High social dominance historically aligns with local tops

Too much noise = potential cooling off ahead

🧠 While some argue retail hasn’t entered yet, sentiment data suggests they’re already here and buying late.

This might not be the end of the bull but it could be a key entry point for patient players.