🚀 CASHBACK UP TO 60% ON EXCHANGES: EXNESS, BINANCE, OKX, BINGX, MEXC

🚀 BITCOIN HOLDS $120K – SIGNS OF DEMAND FALLING FROM THE U.S. AND SOUTH KOREA?

🟢 After reaching a peak of $123K earlier this month, BTC is slightly retreating to $119,343 – up 2% for the week but has not surpassed the previous high, the market is entering a state of stagnation.
🟢 Coinbase Premium Index (U.S.) and Korea Premium Index both decreased → a sign that investors in the U.S. & South Korea are taking profits, no longer FOMO buying at the peak.
🟢 BTC inflow to exchanges is at its highest level since July 2024 → warning that selling pressure may increase.
🟢 If capital continues to exit BTC, altcoins may benefit in the short term as traders begin to rotate their portfolios.