$BTC is sitting at a key level, just below its current ATH resistance. Some are calling for a triple top pattern.

At the same time, if it breaks out, it could quickly reach $120k.

What does the sentiment say?

Looking at @_dexuai CT market sentiment, we can see the sentiment index has been going down in the last 10 days although price is consolidating just below the breakout region.

That indicates that market participants might overall be less confident about new ATH coming in the short-term.

In any case, those who bought around 6 weeks ago when Dexu sentiment index reached a level 0.0 should currently be pretty happy and are in a good position to hold.