$BTC Bitcoin falls from its highest peak.. Is it a warrior's break or the beginning of a collapse?📉 What happened?

Bitcoin recorded a new peak near $123,100, then fell the day before yesterday to about $117,466, down approximately 4.6% due to profit-taking by investors.

The market experienced selling pressure from "whales", as large amounts of Bitcoin were deposited into trading platforms – for example, around 1,800 BTC were transferred to Binance in one go, which triggered a decline towards $116,000.

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What is the background?

1. Market indicators

Technical indicators show that Bitcoin is still in a strong bullish zone above the averages (20, 50, 100, and 200 days), paving the way towards $125–130k.

There is a gap in CME contracts between $114,380 and $115,630; technical analyses suggest that the price may correct to close this gap.

2. Institutional support and regulations

Bitcoin exchange-traded funds (ETFs) have entered strongly; about $15 billion has been purchased recently, creating positive pressure on supply.

U.S. regulations like the Clarity Act, Genius Act, and the national Bitcoin reserve plan are entering the discussion in "Crypto Week", which has contributed to the current peak.