Bitcoin Faces Resistance Near $120K as Long-Term Holders Book Profits, Institutional Positioning Shifts
Bitcoin’s price ascent is encountering significant resistance around the $120,000 threshold as on-chain data reveals profit-taking activity from long-term holders. This selling pressure from seasoned investors signals a strategic reduction in exposure at current levels. Concurrently, institutional entities, including Galaxy… Read More »Bitcoin Faces Resistance Near $120K as Long-Term Holders Book Profits, Institutional Positioning Shifts