Information: ✅

Bitcoin reached a new all-time high (ATH) of 122.6 thousand US$ before retreating to 115.9 thousand US$, coinciding with an increase in selling pressure. The initial rejection occurred above 120 thousand US$, which represents a standard deviation of +1 above the Short-Term Holder's cost basis.

This level historically acts as a natural resistance during speculative rises. If the momentum continues, the next major resistance target is located in the +2 standard deviation range, around 136 thousand US$.

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