Bitcoin STH Still Holding Depite New ATH – Analyst Expects Profit Taking At $126K

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Bitcoin has officially entered uncharted territory, breaking above its all-time high and reaching an impressive $111,888 earlier today. This marks the beginning of a new price discovery phase, igniting excitement across the market. While bulls remain firmly in control, sentiment is far from euphoric. Many analysts are urging caution, expecting a possible retrace as the market digests this breakout. Top analyst Axel Adler shared timely insights, emphasizing that the sustainability of this rally h...