$BTC
That year when it broke 20,000, the excitement was boiling, everyone was extremely high
That year when it broke 69,000, everyone was very excited
Today when it broke 120,000, everyone is very quiet,
No one is using a breaking voice to call for takeoff, why is that?
Because at this price level, participation in BTC spot is more from institutional whales, apart from those holding long-term, relatively fewer new retail participants are involved, and with no price reference to chase high, there is fear of heights; more actions are waiting to touch the peak to short!
